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Conegamer said:
It'll just keep on decreasing until it hits a reasonable price, like 249/299.

A reasonable price would be $399-$499. Nintendo is in a very difficult position. They probably have one or two good years at most to recoup the development costs of a new console until they get trounced by PS4/X720. Everything in the WiiU is (a lot) more expensive than in a current PS3/X360, both of which currently sell in the $250 price range. So an initial price for the WiiU in the same range is utter financial suicide right from the start. Then there is the general howling from the clueless crowd that WANT a $199-$249 WiiU. Obviously it is either pleasing the crowd and losing alot (and I mean A LOT) of money, or initially sell the product for a reasonable price ($399) and recoup costs.