Is the Wii doing as much damage to the competition as CNN seems to be reporting? I mean, I know it's popular, and I haven't seen a system in a store since I bought my first one and a friend another one, but is it destroying the Xbox 360 and PS3?

From the article:

Feelings aside, the Wii has become something of a phenomenon. Demand is still crazy high for a machine that some hardcore gamers consider obsolete, but kids and kids at heart find the most charming thing this side of anything found on Cute Overload. Business 2.0, via CNN, put together a rather glowing piece on Nintendo and how they have come to dominate the current video game landscape.

Here are some choice quotes:

Today, as anybody within shouting distance of a teenager knows, Nintendo is the comeback kid of the gaming world. Instead of joining Sony and Microsoft in the arms race to pack their consoles with ever-higher-performance graphics chips (to better attract sophisticated gamers), Nintendo built the Wii--a cuddly, low-priced, motion-controlled machine that broke the market wide open by appealing to everyone from grade-schoolers to grandmas.

Read the full article over at destructoid.com