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binary solo said:

If there is something to be learned from Wii it's that the $250 launch price was a massive part in its dominance in the important years of this cycle, because that was a price that non-gamers could think was worth taking a purchasing risk on.

I actually really agree with this! It is an excellent point. There is one problem with this though. Sony & Microsoft trapped themselves with the PS3 & XB360. They are still around that price so launching a brand new system for around the same and with similar graphics would kill their core following. Why Nintendo didn't launch for $250 again? Nobody knows.