How long do you want the wii to last? I know the tendency is to want for the longest possible time like say 10 yrs like the PS3 campaign, but think about it, 8 years from now who knows what will be available as far as technolgy, not just graphics but control schemes etc.
After 8 years and realising you have 2 more years with the wii while everyone is playing an un-godly realistic xbox 720, you will have to admit, you'll be jealous to some degree. Long lifespan isn't always the answer, not to say 5-7 years isn't a long life span in itself, but change is good, and $270 for 5 years is $54 or the price of a game a year for the entertainment of a console.
Thoughts?
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