Yes and no. Ram is really a huge thing. It allows for larger maps... more models.. and smarter ai... think of it as the frame a game is built upon. You may not "see" the difference in pictures but it's definitely noticable. It's holding back the current gen systems.. including pc... sure you "can" have a pc with the more the 4gb average pc games put in reccomended specs but when making games you don't go after the top few percent with he high end rigs you go after the largest pool you can. Even the most demanding games are usually made for 32 bit systems first. Only a few really allow for use above and beyond that(I actually can't think of one that isn't a pasted on mod done in the basement.. or a half finished unnofficial patch.)... it's why you hear pc gamers begging for 64 bit based games all the time. This seriously could mean a lot more than they're saying... while still managing expectations.

Nintendo's legacy is why it's still around. Trust me.. the moment this company releases a zelda game made for the wii U.. the system will sell.. heck if they make a 3d mario it'll sell. Nintendo actually has one of if not the strongest 1st party lineup available... I'm primarily a pc gamer and I get 90% of the 3rd party stuff from the west.. in higher def and more detail while getting a better frame rate than anything the consoles can muster. Another CoD will never sell a console to me. Sony got my money this gen because they have the biggest lineup of games that are available ONLY on the ps3. The last couple years of the wii also has brought a few goodies which will probably mean (because of the backward compatibility) I'll be buying a Wii U at some point in the future. Once the system has games... the people will come.. if only because it's one of the few kid friendly consoles left and the mass of people who still love Nintendo's games which are still undeniably brilliant when they try.