It does not look appealing at that price point when compared to the PS4 and what it offers from a tech point of view. But more importantly it needs games. If the Wii U could give me an onslaught of must have titles then I'd be inclined to get one sooner than next year. A price cut would not convince me to get one this year since the titles are good, but not $350 + tax good. However, if the system were to receive a mega sale on Black Friday akin to the Vita last year then I would be swayed. Barring that a price cut wouldn't move me.
Playstation = The Beast from the East
Sony + Nintendo = WIN! PS3 + PSV + PS4 + Wii U + 3DS