Sure, Wii have a problem, but Nintendo are now recalling and replacing current Wiimote wrist straps. Nintendo UK and Nintendo America have both announced it, though nothing official from Australian offices as yet (expect an update as soon as we hear word). A comparison photo can be found here, the noticeable differences being a slightly thicker cord and a hard plastic loop. I'll be keeping my original strap as an excuse to upgrade to a projector. It's worth a try...
According to The Age, you can contact Nintendo Australia and they will send you a replacement strap free of charge.
File this in the "you have gotta be kidding" category, but it looks like there's a class action lawsuit happening over those Wii-straps. :/
<a href="http://www.kotaku.com/gaming/wii-strap/wii-straps-result-in-class-actio…">http://www.kotaku.com/gaming/wii-strap/wii-straps-result-in-class-actio…;
Doesn't surprise me at all. It seems people will sue for anything, these days, if only to get their 'slice of the pie'.
It's disappointing that these companies that make products to -entertain- us get this kind of crap in return for their efforts. -.-