Honestly, they wasted production on the basic model and should have sold the 32 GB vanilla Wii U as the standard one for $300 with a $350 bundle being for those that want Nintendoland and a few extras.
Granted they wanted Nintendoland and the 32 GB to be standard and showcase the system but as nice of a party game as Nintendoland is, it doesn't really showcase the Wii U GamePad as being anything necessary. Among a group of children, it proves to be something of a divide in my experience, which hurts the system's approach of it being a family device when dealing with kids that have yet to learn patience or sharing playing. A price cut of $50 on the most desirable unit given the lack of software and just overall handling of the launch seems to be a good way to stimulate sales when you finally do get software that might sell the system... but does nothing to sell people on the GamePad.