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I remember Shadow1980 posting a very good and interesting comment about price-cuts regarding consoles and how a lot of time they aren't that big of a deal. Don't know if that's true, but even if it was, I think that this is very different for handheld consoles - where a lot of the selling point is getting it as an individual console.

So honestly, Nintendo probably should make a price cut around the time Animal Crossing launches, or around the time holidays come (if AC is a Q3/4 title). I have no doubt they could sell a shit ton without one, though.