A scenario when Wii U sell +5 million this year.

[ZyroXZ2]

Not intending this to sound offensive, but it probably will...

I find that the tendency is for people who want a Wii U but can't afford multiple consoles to be the types that continue to say that it needs a price cut.

If anything, at MAX, I would say a drop to $250 is the sweet spot, putting each system within their respective power tiers (and not necessarily overall value). However, a price drop is not the solution, and never will be despite its inevitable occurrence at some point.

The problem will always be image. The majority of console buyers are not gamers, but what are colloquially termed as "casuals". They tend to go for what they want, not what is necessarily the best purchase. What they want is what they see as cool, and that's where marketing comes into play.

You want Nintendo to sell 5+ mil consoles? Marketing, and proper marketing at that. And fortunately, this year and the next will most likely see the return of titles that can be marketed with relative ease: Starfox, Xenoblade Chronicles X (ex/ to anime fans, Japan), Zelda U, and highly likely the eventual announcement of a Metroid title; all titles that don't exactly exude strictly "family friendly" or "kiddy" themes, especially of marketed adeptly.