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For accuracy,wii u technically hasn't received any price cut,the production of the basic set which was costing 299$,was abolished and the 349$ costing premium pack got the price of the basic set...So essentially this isn't a price cut,there was already plenty wii u at 299$...
And 8gb vs 32gb(wow 50$ more than the basic set,just because of the quadruple capacity,ooops that doesn't add up,nintendo exaggerated...) doesn't make any difference to be honest,I don't know if the white vs black makes one!:P