Gamecube performance is really undershooting the mark. Assuming it sells the same 3 Million/ year as the GC from now on, the Wii U likely has ten years of useful life left and about 8 M already in the market. That's at least a third more lifetime sales. Long console cycles make it easier to penetrate the market deeply.
Really, the Wii U's major adoption arguments will come in two waves. The first wave, the "Nintendo games" is starting later this summer and fall. This will probably spur enough sales to garner third party support again and you'll see some really unique exclusives in the 2014/15 range.
The second major argument comes 2015-7, when many early-adoption gamers will already have a Gen 8 system and will again have disposable income burning their wallets. Between a mostly exclusive library and allowing entertainment centers to multitask, the Wii U is the logical second system choice. Especially if it manages to remain cheaper than the competition this far into the generation, which is not a granted when you need a touchscreen tablet controller.
I don't see the Wii U matching the Wii, or even coming close, but it will probably land somewhere around where the 360 and PS3 are in sales right now: mid 70's million units sold.









