What do you mean greed? From Nintendo's perspective, the Wii has already gotten a 40% price cut in the UK. Raising the MSRP by 10% still leaves UK consumers at a 30% advantage over Nintendo.

If I lived in the UK, I'd be glad if import prices only rose 10%.

It was about time someone stopped this UK scam! They paid Nintendo and Apple precious HW with used toilet paper!!!
j/k OK, OK, that toliet paper was almost new and chamomile scented!
j/k again... ...NOT!

So does everyone still expect a spring price cut from Sony with this news from their Japanese counterpart?? Seems more likely that the price cut will have to be delayed further. And if they actually do make the price cut, how money will they be losing at that point? I'm not sure if the currency situation puts them in much better shape outside of the UK either.

they might be reluctant but not enough to take a hit like some other company would for their consumer

Du du dummm !

This has really got my back up (more than I thought it would). Since I already own the system it doesn’t make a huge difference - but what a joke. I understand their reasons for doing it, but think it’s wrong. Don’t they realise people have less money in the UK right now? Nintendo is a very profitable company and the Wii is already an overpriced system. I actually kind of hope this bites them in the arse and I only hope Nintendo will understand when UK consumers "reluctantly" purchase another form of entertainment.

They are not looking to fleece the consumer, they are increasing the price to retail outlets.

They aren't changing the RRP.

There's no reason at all that Nintendo should take a 40% hit due to exchange rates while propping up retailers' margins.

ouch thats greedy for a console that already brings huge profits.

i was expecting it, nintendo doesn't want to  pay for the use mp3 file format license either.

You think, if the economy worldwide will get worse they might make a hardware revision to reduce manufacturing costs inorder to combat profit loss or something, cause the wii is only console of the three thats still under the 90nm proccess. im just spit balling here but i think reducing the proccessors to at least the 65nm might help them.

Well I understand why they are doing that but partly I think it is greed on their behalf; they are easily winning this generation and they think it is necessary to squeeze another £20 out of each console. If the economy swung wildly in the other direction you can almost guarantee that they wouldn't be taking prompt actions for a £20 reduction in the price...

Greedy? A business? Really?

Lets look at this from a business stand point. You're selling a console in a country in which the exchange rate of the currency has dropped in half. Do you keep selling it at the same price? No. Nintendo's doing what a business does, making money.