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I'ma put this whole thing into a simple perspective, in hopes that it'll make things easier for everyone. It'll sure help me out hehe.

-=Reasons for $100 drop=-
***Sales need to be ignited to grow install base so games can sell more down the road.
***Nintendo has recently shown they're willing to temporarily sell at a loss for the reason above.
***Based on it's terrible sales thus far, most people don't like the current $300-$350 price range, so a $50 drop would not help much due to the Deluxe being the model that sells.
***A similar move worked great for the 3DS, who needed it much less than the Wii U does now.
***3DS and Wii U game sales can help cover for losses, especially with all the games each system will have by the holidays.
***Would help deal with the heavy competition, both the short term ones in PS360 and the long term ones in PS4/XO.

-=Reasons against $100 drop=-
***They'll temporarily take losses selling Wii Us.

Let me know if I missed anything!