A lot of posters are taking the journalist wild speculations as they were Reggie's words. Nintendo is not saying the price point of the Wii U but just stating it will be in a different level from the Wii. So far, this is the obvious, I couldn't expect anything else. Personally, I believe the Wii U will be sold for US$299.99 or less whereas the Wii will finally go to the US$99.99 price chasing the PS2's sales record. Those are two different price points and the Wii U will be competitive against the PS3 and XBox 360.