Third party games for the Wii have not sold nearly as many units as their PS3 or XBOX 360 counterparts. Many third party developers have abandoned the platform. Some (EA) have called the Wii a legacy platform, and are already hinting at a Wii 2.
Is the time right for a Wii 2? It definitely is the right time for the Wii 2 to emerge. A Wii HD variant should have been put into production a long time ago. The Wii’s graphics are showing it’s age, and it’s accessories wane in comparison to the Kinect’s and Sony Move’s capabilities. Additionally, what type of hardware should be in the Wii 2?