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Star Fox 64 3D was them testing the waters.Maybe, but I don't think companies actually do that. They usually try to make sure that the product really is in demand rather than outright giving in to it. Capcom did that by re-releasing one of the Darkstalkers games to test the waters and the sales told them, although a lot of people were clamoring for it, it wasn't really enough to justify making a new entry. They did the same thing with Hyper Street Fighter II to gauge interest in Street Fighter IV, obviously that succeeded.
Maybe Nintendo runs things differently than other companies, but I can't imagine they literally just gave in without testing waters first.
And it sold well.