I may as well write something about the Wii... after all, everyone else is.
My reaction can be described thus: NO. It's actually got good, solid reasoning behind it... in Japanese. Well, I don't care. A name I have to reason through is not one I want as a gamer. I don't know what I do want, but I know I don't want that.
The initial shock has worn off, so I'm sure I'll get used to it eventually. But I will never, ever like it. That name... too stupid to go with such a (potentially, of course) great system.