My take is that a large section of the population got caught up in the Wii only to realize the "cheap" factor that got their foot in the door wasn't there after they bought controllers and accessories. For many of my friends that realization soured the experience and once the novelty wore off there was resentment.
The Wii also catered to the "new gamer" crowd such as parents and females who otherwise didn't play many games. Those people were great for buying the system at first, but gaming wasn't a core interest, so it didn't seem to last long for many.
For kids the Wii remains a great system. There are actually some fantastic games that came out in the past couple years. Despite my annoyance towards the system I'd probably pick one up if I had a kid just getting into gaming.
I feel the Wii U will be a failure as the price point is too high to win back those who felt they wasted money on the original system.
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