Pi emulation sucks, I'd take a Wii or many other options over that first. And all those options are largely piracy based. It is in no way comparable to a legitimate first party device.
For me this is the most important point, i think the studios owning these games should earn money from them when they are selling them legitimately, and in a more general term, i think the devaluation of video games that smart phones, steam sales, emulation and piracy all plays a part in, is a pretty big challenge to the industry overall, as Iwata so famously said at GDC back in 2010.