I think thats what Nintendo was banking on from the start. Whether it happens or not is still unclear.
The main problem with this approach is a huge chunk of gamers will be swayed by the mere fact that a console is, on paper, more powerful than the WiiU. "It has higher numbers of 'x' or more of 'y'! Must be better and more value for my money!!" And once that frame of mind is set in, its very hard to change.
I've just been flicking through the latest GamesMaster (dont judge me.... its the issue with the first NSMBU and NintendoLand reviews!) and they have quite a large peice on all things WiiU. They're quite open about saying things like "Its 99% certain that the next PS/XBox will humiliate the WiiU". To be fair they follow this up by saying "does it matter?" but I'm betting that first part of the sentence is all most of their readership will absorb.
Therein lies the WiiUs problem: Its going to be a hard sell. Even if what you're saying is right MDX and the extra power of other 'next gen' console doesn't actually matter that much in reality; the perception will be there that it does and it will be difficult for Nintendo to fend off those claims.
Depends to whom they are selling it. There's approximately around 85 million Wiis in the world, mine being one of them. I still like quite few Wii games and play them occasionally, especially as party games like Rayman Raving Rabbits it's great choice. Wii U gives me possibility to update the Wii to powerful enough to get XB360 and PS3 level games later on, without need of giving up Wii compability and filling up our full stacked TV platform with another console. I do like the idea and I think I am not alone. Besides, you can get the Wii U from the shops end of this month (here.) and MS / Sony is nowehere near to seen, Nintendo can easily sell quite few of these before the competition ramps up for next generation.
Not that many of Wii owners are console-literate enough to wait at least half a year to see competition. They have not been interested about anything console-related before finding Wii and so it's obvious choice to them buy newer console that can run their old games as well.
Wii sold a lot to target audiences who never thought buying consoles, even less they are interested polygons or if the output is p-something. They just want to have a good time sometimes. So there's a lot fresh new ground to build up selling another generation.