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ioi said:
As others have said, the Wii's price point wasn't a problem when supply couldn't meet demand (in fact Nintendo could probably have sold them at $300 or more back in 2006-2008) but the lack of killer games for the last 12 months, combined with PS3 and 360 price points getting closer and closer (or even below) has meant that $250 seems a lot to pay now for a Wii.

I've always believed that some portion of the Wii userbase (say 50% as a ballpark) isn't in competition at all with the HD consoles, but even in those cases consumers will want to know they are getting value for money and today $200 seems far more reasonable than $250 and obviously the potential Wii customers who are chosing between a Wii/360/PS3 will now have a stronger reason to chose Wii.

So price wasn't a problem to begin with but Wii began to look expensive earlier this year when compared to what the other consoles offered.

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Bets with Conegamer:

Pandora's Tower will have an opening week of less than 37k in Japan. (Won!)
Pandora's Tower will sell less than 100k lifetime in Japan.
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