I like how Nintendo has their first annual loss EVER and people are projecting doom and gloom for them. The 3DS struggled early but with the lower price and expanding game library, it will do fine.
People are pissing on the WiiU before it's even out because it will be "last gen" hardware. Frankly, I don't expect next gen to be defined by raw power. It will be no where near as great a leap as previous generations have been. Rather, I think you're going to see next gen be defined more by things like Kinect, Move, and integrating other services like Netflix, Amazon Prime, basically turning game systems into full blown media devices.
And do not underestimate the impact of consoles blocking used games. If MS and Sony (haven't read anything on Nintendo) do it, they WILL feel it.