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As much as I love the Wii U, and already own one, a price tag of $150 would suit it much better.

Most likely to a big loss for Nintendo, but to be more realistic the Wii U does not compete with PS4 and X1, it's not as powerful and mainstream as they are.

So with a price tag of $150 they would compete more with the PS3 and X360 and place themselves in-between the two generations, kind of.

A price tag of $150 would absolutely attract more buyers, because it's a very low price for a next gen console, which the Wii U is. And everyone into gaming knows that Mario, Zelda etc. are good games. Everyone in the world, even if they don't play games knows who Mario is. So I think that a lot of people would buy it if the price was very attractive.

And a lot of parents would buy it too of course, because it's much cheaper and new.

But, Nintendo would make a great loss, right?