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VicViper said:

Gamecube was more powerful than PS2 and launched for 100 dollars less than it. It could happen... but thinking here... it's not going to happen at all, and not just because they can or can't.

It's because it would be bad business. They would be out of stock pretty soon, earning not much profit for that or any profit at all.

To me it's either 299 or 349.
If it's the former, it's great launch price. If it's the latter, just okay-ish.

That is another thing. The  PS2 featured things like DVD playback and USB. It has a lot of auxillary stuff to make it more expensive like the launch PS3.

Nintendo has only ever made gaming consoles with the strict purpose of gaming with no uneeded features. They won't have all of that auxillary hardware like a blu-ray player.