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You can't really trust comments like "no price cut" because many times we've heard this and then seen a price drop like 1-2 months later.

Like a few weeks before the 3DS by price cut by $80 I believe Iwata said they weren't considering a 3DS price cut and would wait for games to come out. 

I wonder perhaps if Mario Kart coming out in late May (basically June) may have something to do with a price cut coming around that time (right around E3 too) and they're just waiting for that time for component costs to drop.