The Vita already got a price cut in Europe though lol :P
I don't think the Wii U needs a price cut per se but more compelling software post holiday would not hurt it! In Japan Wii U seems locked with Dragon Quest X release for Wii U - over 300k software. In Europe and NA there does not seem to be that ''killer'' app for the first part of 2013 - that's what scares me the most :(