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If Nintendo can deliver a set of good games that are fun to play I think they'll come out the big winners. I don't see Sony or Microsoft losing sales so much as I see Nintendo sneaking in the back door with a product that can appeal to the entire family. Fun games with a wide appeal (even if they don't have the mindblowing graphics that the 360 or the PS3 can crank out) combined with a relatively low price could pick Nintendo up some market share.
Also with the Wii's development costs being significantly lower then the 360 or the PS3 gives it an edge. I still won't put it past Nintendo to blow a good thing though. They've done it before.
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"People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and, if they can't find them, make them." -George Bernard Shaw
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