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I do think a Wii Fit bundle is possible, and without dropping the collective price. If WiiFit gets taken seriously (or even semi-serious) as a fun fitness alternative then dropping $400 for Wii + WiiFit is nothing at all, when compared to getting a trendmill, homegym, bike, or a lot of the other stuff people buy, use for a month and let collect dust.
A WiiFit bundle aimed at that market would not be competing with 360/PS3 as those consumers would have nothing to gain from and no interest in 360/PS3.