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Nintendo aren't being greedy if they don't cut the price, they're keeping to their strategy.

If Nintendo begin to lose market share, it won't be because the PS3 is taking sales away from Wii but because the PS3 is selling more so the total HD consoles sold compared to Wii will be greater. I think it's likely that this will happen in September but the Ps3 won't be stealing Wii sales.

Therefore I think Nintendo cutting the price would be silly as it won't pull consumers away from the PS3 at all, it'll just provide more incentives to consumers who were interested in Wii already.