The Wii brought me back to gaming after I thought I was done with it all midway through last gen. I didn't like how things were going overall, my PS2 died on me, and the GC was a terrible console. So I took a step back for a few years, and then I started hearing about the Revolution and was intrigued. It obviously became the Wii and was something different, which is what I wanted, so I pre-ordered one. I'd gone from thinking I was done to getting a Wii at launch.
I can say quite confidently and quite certainly that nothing else in the market right now would have brought me back into gaming other than the Wii, so from a personal point of view, I'm very happy with it despite its more than obvious flaws.
From a business point of view, it will end up doing better than anybody ever predicted it would prior to its release at least five times over (most likely more) by the time its done selling. It'll be one of the most profitable console ever released, if not the most. It saw a massive increase in sales and market share from the previous gen, which is something that not all can say...
Sure, people went a bit crazy when it was breaking sales records and they thought it would beat the PS2, but even though it now obviously won't (and I don't think anything other than the DS ever will, and certainly no other home console), that doesn't mean it's a failure.

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