Why Unfortunate??
Mr. Fils-Aime said Nintendo recognized the economics were changing when it developed the Wii. He said the company deliberately did not add high-definition capability to the Wii so games would be cheaper to make.
http://www.nytimes.com/2009/03/30/technology/30game.html?_r=1&hpw
Well first of all some games at 360 made a profit at 600k. Seems like Reggie (or the NYT) forget to put the budget for the game as a indicator for that number, yes some high budget AAA titles like Mario Galaxy need that million but honestly I can't believe that a crappy, cheap game like Carnival Games needed that number.