In a word, yes. While I'm sure there are those who will disagree with what I'm about to say, as they are enjoying the system, the Wii U could have definitely used at least another year in the proverbial oven in order to be the system it should be. Doing so could have fixed many of the problems the Wii U is facing now, from software lineup to Gamepad-related game concepts (or a better key feature altogether) to even the pricing structure of the system itself. For whatever reason Nintendo needed to get the system out last year, it clearly hasn't worked as planned. Now, the Wii U is a relatively new console that has already lost the "new kid on the block" feel to consumers and developers, and it's now sandwhiched between a large number of more successful/anticipated platforms come what will likely be a crucial holiday season.
The other argument would be the one Mr. Pachter likes to bring up every chance he gets nowadays, and that's the Wii U being released too late as an opposition to the PS3/Xbox 360. Given Nintendo's approach to the Wii U, it's not the worst argument, but I don't agree with it. The Wii, when supported was still a very relevant platform, even in recent years. I think releasing the Wii U/Wii HD earlier would have done more harm than good by hurting the Wii's presence on the market, since it's now obvious Nintendo wouldn't have been able to support both systems. On top of that, since the Wii U/Wii HD would have probably cost even more to produce and sell a few years back than it does now, whatever "edge" it would have received from that head start would have likely been counterbalanced by an even less appealing price tag. In other words, I think the Wii U would be in the same spot it's in now had it been released 2-3 years ago or more.
Back to my original point, the Wii U still feels like an unrefined concept. That's not to say the extra year would have certainly been the solution, but I'm almost sure it would have been an improvement in some significant way. Now, I can't help but feel Nintendo will constantly be on its heels, trying to find ways to keep the system afloat.
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