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This is good and bad for two reasons.

If they do confirm a price cut then this kind of goes against Mr. Iwata's blue ocean stragety and his statement about possibly angering current wii owners (like me but it wont bother me at all if they drop the price).

This can possibly be a good thing; demand back up, more sales etc. If true then this will probably be the only price drop for it ever (that is until this gen reaches its end but that will probably be a while).