Honestly, here in the UK, games are £40 by default, and that isn't expensive whatsoever if you ask me, I mean, considering I make £160-200 a week after tax (Depending how many hours I do), £40 is absolutely nothing to me, and I don't see why so many people complain about it.
If you compare the entertainment value of a game to say, a bluray film, here, most bluray films are £15-20, and last for what, 90-120 minutes, maybe more, whereas if you pay £40 a game, you should be getting around 240 minutes (4 hours) of game time with it, and I don't know about you guys, but EVERY game I've bought has lasted me a LOT more than that, I mean sure, I've had games that are only 5-6 hours for the singleplayer, even singleplayer only games, but by ratio of price:entertainment, it still tops that of films, whereas I've bought other games, such as my favourite game of all time, Final Fantasy X a decade ago for £40, and over all the playthroughs I've done, I've had way over 1000 hours of entertainment (My current run is at 200 hours going on strong), and there's games like the Disgaea series that I've bought full price, and Disgaea 3 lasted me 600 hours, whereas so far, I've not even finished Disgaea 4, not even close, and I've put in over 100 hours... and let's not forget multiplayer games such as the Call of Duty series, sure, they ask for a little more, usually £45, but again, for the price you pay, the multiplayer gives you TONS of entertainment value, since my mates play it religiously and have put hundreds, maybe thousands of hours into them.
For the price you pay for a game, you get a LOT more entertainment value than the price of a film. (But nobody complains about prices of those...)
Games maybe £40 by default but who except the Game/Gamestation avid fan pays that much? Halo 4, and Mass effect 3 Fifa 13 were all discounted by many retailers (£32.97 for ME and Halo 4) Fifa 13 was £29.99!
I do remember final fantasy being £49.99 which im sure was the RRP for alot of PS2 games (Basically because Game or Gamestation had very little competition). Competition has meant that prices have come down quicker.
On topic: No $60 isn't too much for a Wii U game if its just for the first week, wii games may have started $50/£29.99 but they stayed that price for a ridiculous amount of time. Maybe Nintendo finally realised that some more people will actually buy your game if its cheaper down the line instead of just thinking "Well they didn't want it 6months ago at $50 why would they want it now".
Also Blu-rays for £15-20? Where are you buying them from HMV? ;) Incidently HMV had Avatar Blu-ray for £29.99!