Has Nintendo really nothing to fear in this competition?

Yes, Nintendo has shown with their latest Nintendo DS and their Wii that they always have the potential to create something astonishing.

“Nintendo legend Shigeru Miyamoto has told ONM that the games industry could lose its ‘uniqueness’ when Microsoft and Sony launch their own motion controllers.”

Miyamoto sayd in an interview “… it could be taken as a compliment if others are following suit, by saying Nintendo was right in choosing a certain direction.” At the other hand Shigeru Miyamoto is aksing himself “…if it is going to be good for the entire business, I really don’t know….”

Read more about the interview with Shigeru Miyamoto via the OfficialNintendoMagazine

Is competition not good?

Joystiq reminds us all that

“Resident Evil 5 on Wii ‘isn’t likely,’ still ‘possible’“

“Capcom Chief Producer Masachika Kawata was asked [...] a Wii version of Capcom’s fantabulously successful Resident Evil 5. Kawata responded that while the Resident Evil 4 engine would work “perfectly” to recreate the gameplay of Resident Evil 5, the graphical quality of the PS3 and 360 versions couldn’t be matched.

I have searched the web [Google video search results "Resident Evil 5" AND Wii] especially on Youtube I’ve found quite something interesting

have a look by yourself

RESIDENT EVIL 5 ON WII