For those who are complaining about the lack of DVD playback... Statistically, most homes already have at least one DVD player, especially those that can afford video game consoles, which are considerably more expensive than a DVD player. I, for one, don't think that I should have to pay the extra money for DVD functionality when I already have a player. If DVD were new tech that people didn't already have, it'd be a different story, because people would have something to gain from that inclusion. The way things are, though, Nintendo would have raised the price for the masses to please the few; that is bad for both the company and the consumer.
As for people complaining about the price point, Nintendo said that it wouldn't be more than $250. They never said it would be less, and anybody who assumed they meant that were reading too far into what was said. Furthermore, it's standard for early adopters to pay more. Nintendo will, no doubt, lower the price, after a while, and if the price bothers you then you can wait.
The dumbest comment I've heard (though not here) was "I can't believe the Wii is $250. Nintendo said it would be less, so that is expensive. I've lost all faith in Nintendo, so I'm just gonna get a PS3 instead." This brings up a good point, though this point is not the one that this person was trying to make. Even at its price, the Wii is still the least expensive console on the market. People are like, "OMG, if I get a couple of games and an extra Wiimote, it's more than the 360, so I might as well get that", and they don't even bother to figure in equivalent expenses for the 360. The fact is, you're not going to get any next-gen console for less than the Wii, so you shouldn't really complain about the price if you can still afford to get it, or if you have an XBox 360.