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From N Revolution:

"As tends to happen with any console which has been on the Japanese market for more than a year, the budget re-releases are about to arrive for Wii owners, and the first major title to go down this path into stingy gamers' collections is the awesome Biohazard 4: Wii Edition. Capcom will re-release the game as a 'Best Price' title on 31 May, with the retail price of this new version a piffling 3,140 yen. That's £15! More of these, please, publishers of Japan..."

 

No word on if/when the budget line is coming to the West.