Yes, though i think its more likely due to the Wii's over all appeal to everyone who hasn't got one yet but also the family appeal. xbox cannot say that about their machine and if everyone is staying home this christmas they will be needing some "family entertainment".
Also, look at past examples of recessions. Usually movies, light entertainment, have been the most popular products at these times. People don't want drama, what they want is good natured, disney type, forget the economy sort of experiences.
This also suits the entire Wii message perfectly, since customers know the Wii is about fun and shared entertainment.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
