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Just wanted to update that the average selling price for the PS3 and xbox360 is still above $250 in the US for January 2013 NPD and only 80 dollars off the Wii U (premium with a game). Both consoles don't even have mass market pricing and we are in the 8th and 7th years respectively.

For comparison sake, the Wii has been below mass market for over 3 years and the year the PS3 was launched the PS2 dropped in price from $149 to $129 on April 20th (which I think is the current price) and for the original xbox, that of course was discontinued.