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Low price won't save Nintendo though I don't think.

The XBox One and PS4 Vanilla are likely to be reduced in price pretty rapidly as the next year goes on, not only will you be able to get them for sub-$300, there probably will be lots of promotions, like right now you can get a XB1 for $279.99.

Nintendo can't win on price, even at $199.99, XB1/PS4 are too close, this is the same thing that happened to the GameCube where even at $99.99 it couldn't gain much separation because PS2 was $199.99 anyway, not that much more.