Nope, all the Wii gaps are too big. But the gaps will close significantly.

It's not that simple, though.  You'd have to do the projections to see what kind of pace it would take to outsell the Wii to justify the theory it would.  

Even if it did, though, this post by ioi kinda shows how irrelevant it is:  http://gamrconnect.vgchartz.com/post.php?id=4007114

DS's decline started a while before the 3DS came. It's current situation is more attributable to saturation than anything. You can see that in the practically non-existent bump the price cut gave it last year. The only current gen consoles that have anything to worry about in regards to saturation are 360 and Wii in Americas and Wii in Europe.

I hate this argument, defense, or attempted point.   As long as these consoles sit on the market and sell, their sales still count and are still factored in and still make profit for their respective companies (In many cases even MORE profit)  and meanwhile still bring joy and new experiences to many gamers purchasing them.  

Obviously, that doesn't give people the immediate satisfaction of a true winner and loser but if by the time PS4,Xbox 720, Wii 2 are all out on the market and let's just say PS3,360,Wii are still on the market as well (Which is a very real possibility) , the sales for this previous generation are still counting and still selling (In many cases to people who couldn't afford them years earlier, or in countries who didn't get their hands on them as early as other people in other countries did.   This most certainly would NOT denote an end of the sales race.  It merely is the start of a new generation while the previous one is dying off.

The best example would be a having an endurance contest in which there is no end until all parties can't physically take another step (The real world equivalent would be the fact that their product is still selling on shelves enough to warrant continued production from the manufacturer)  .  We have the Sony team  , Microsoft team and Nintendo team.  The endurance will be on a scale of 1-10,  10 being a very rapid pace (The real world equivalent of this would be amount of units sold) 

For example :

Sony team starts their endurance challenge at a level 3 for 5 minutes, upgrades it to level 5 for 5 minutes, and upgrades it again to level 8 for 5 more minutes before quitting out of exhaustion.  If we calculate a score for Sony, we would factor :  5 minutes at Level 3 (5x3 = 15)  5 minutes at Level 5 (5x5 =25)   5 minutes at Level 8 (8x5 = 40).  

So in 15 minutes,  Sony compiled 80 endurance points.

Microsoft team starts their endurance challenge at a level 5 for 5 minutes, upgrades it to level 7 for 5 minutes, and downgrades it to  Level 4 for 3 minutes. If we calculate a score for Microsoft, we would factor :  5 minutes at Level 5 (5x5 = 25) (7x5 = 35) (4x3 = 12).

So in 12 minutes,  Microsoft compiled 72 endurance points.

Nintendo team starts their endurance challenge at a level 8 for 5 minutes, downgrades it to a level 7 for 5 minutes before they succumb to exhaustion.   If we calculate a score for Nintendo, we would factor 5 minutes at Level 8 (5x8 = 40) 5 minutes at Level 7 (5x7 = 35).

So in 10 minutes,  Nintendo compiled 75 endurance points.

So who would win?  The answer in this example would be clearly Sony.  Nintendo was a clear cut winner within the first 10 minutes with 75 points by 10 minutes in, unfortunately they couldn't keep going beyond 10 minutes and there is the crux. It doesn't matter if Nintendo trots out another player to begin a new race or not,  as long as the other players in the original endurance challenge are still going, it continues to count.  Nintendo may have already started a new race but that doesn't mean the original race isn't still going on.

It's true a new console generation begins when a manufacturer releases the first new console.  However, that does not imply that the previous generation has even remotely ended.

That's not how that works. Technically the last generation is still going because the PS2 has not been discontinued.

Just because the Wii can no longer compete against the 360 and PS3, doesn't mean this gen will die when the Wii 2 launches.

I can't see it happening even if the " Super " Wii is released in the near future.

Considering Wii is outselling PS3 in NA and 360 elsewhere still that's hardly not competing.   Although if they can maintain that is debatable.

Ultimately, it boils down to who's selling more systems? 

I guess I'm not assuming there will be a 720/PS4 response to Wii2.    There will eventually be a 720/PS4 but as long as the current generation continues to sell well (regardless of Wii2 also doing well) MS/Sony have little to gain and a lot to lose jumping into another console generation.    All three systems can share 3rd party titles.    Sony particularly can afford to allow their strong 1st party line-up to differentiate them from Wii2 and maintain strong sales.    MS has few exclusives these days so they'll really need to push Kinect more but it's also possible for them to remain competitive. 

Since Wii2 is only a little more powerful it in no way obsolete's their current systems.   And Wii2 will probably be aimed at attracting the Wii audience mostly (taking it back from Kinect/Move) and to a lesser extent maintaining core audience much better than the Wii did.   If anything (based on the rumours) I see Wii2 as an attempt to block or defense against Apple entering the home console market.

If Sony and MS wait until 2014/2015 to launch new consoles, Nintendo could have another one out shortly after that meaning the next race would become 720/PS4/Wii3 effectively.

That would make the fact that 360 (for arguments sake) out sold the Wii in NA eventually over it's 5 year longer lifespan kind of mute because Wii/Wii2 vastly outsold it and Wii3 is competing with 720.

I'm sure he things that the PS3 will take EMEAA and that the360 will take the Americas and that the Wii will take Japan.  In order for all that to happen the Wii's sales have to totally dry up once the Wii HD is announced at E3.  But with a rumored Wii price cut just arround the corner Wii sales should pick up again even though the upcoming software lineup is lackluster.

Not a chance. It has too much of a lead and it's not like it's stopped selling...

Americas is in the bag. As is EMEAA. And Japan.

So...

Have you seen how far agead Wii is?

And the PS3 won't last at its current sales for much more than a year...