Who is going to buy the console other than hardcore Nintendo fans?
No sports games and no decent online community/games for so called "dudebros"
Casual aren't paying $300 just play a new Wii Sports or Wii Fit
The graphics are a little better than current gen, it lacks decent built in storage, (that's an extra $50-70 if you want to download anything) the online play isn't up to snuff, it lacks 3rd party support, it doesn't have DVD/Blu-ray playback, and it lacks a value system like PS Plus or Games for Gold.
Why would anyone (other than Nintendo die-hards) buy this console over the four that will be available this holiday? The value just isn't there.