The cheapest 8GB model is $300, the cheapest 32GB model is $370. Same prices on Amazon as well.

Looks like it's not undervalued or overvalued. Not great news for Nintendo, considering that it's the holiday season. But not bad news either, at least it's fetching retail price.

I bet we see a price drop before next holiday season.

look at the complete auctions like this http://www.ebay.com/sch/i.html?_from=R40&_nkw=wii+u+console&_in_kw=1&_ex_kw=&_sacat=0&_okw=&_oexkw=&_adv=1&LH_Complete=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=200&_fpos=&_fsct=&LH_SALE_CURRENCY=0&_sop=12&_dmd=1&_ipg=50

I just went through the last 20 sold and they all sold at or more than retail with shipping other than one that was listed as new/other.  He opened it and tested it...it's not new anymore....

I also went through the last 20 New Vitas sold and they have all sold for less than retail, many of them by a large amount.

I don't think so, I will go with bundles and black friday limited offers, and that will make the new consoles (if available) very bad because they will be in limited amounts and with higher prices.

well Nintendo has handled supply really well in NA so this is to be expected when you can get a new Wii U from a more reliable seller for retail price

I sold my extra on eBay for 500$ but that was launch week

It should also be noted that, based on the most recent sales numbers, the Wii U has probably started tracking higher than the Wii in sales in the USA ...

Essentially, you have a system that most people believe has less demand than the Wii and yet Nintendo has shipped more systems than they did with the Wii; and the combination means that there is less (almost no) demand for scalped systems.

Nintendo handled the production/supply issue just about right for the Wii U launch. If I remember, it was the same for the 3DS as well. Quite a change from the botched DSl and Wii releases during which retailers couldn't keep inventory on hand for well over a year after debut.

When a company's products are being flipped months after release at a healthy mark up, it's less of a sign of overwhelming success as it is money left on the table by the manufacturer in terms of initial pricing on each unit sold.

Thankfully, the whole distasteful flipping trend looks to be taking a pass this time, at least for the Wii U, meaning more legit consumers who actually want to buy one to play with will be able to find one conveniently at MSRP in retail outlets.