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Sky Render said:
As expected, this is initiated by a company besides Nintendo. The Big N's new policies apparently preclude dropping the price on games, favoring instead to let them sink or swim by their own merits. While I'm sure that fans of budget gaming will hate that, Nintendo seems quite happy with it, since it means more money for them in the long run from people finally giving in and just getting the game anyway in spite of the $50 price tag. How long that will last depends largely on how well the tactic works, I suppose.

Whatever the case, bully for Capcom and here's hoping they use this line wisely as a "second chance" of sorts for games they previously didn't advertise so well, such as Zack and Wiki.

I'm not entirely sure that is a fair assessment of Nintendo's strategy ...

Nintendo has in the past (and will probably continue in the future) put their games into a budget library when their sales have fallen below a certain level. As a hypothetical, Excite Truck has sold just about as many copies as it will ever sell at its current price so Nintendo is (highly) likely to drop the price to $19.99 and sell it as a budget game; in contrast, a game like Big Brain Academy for the Wii continues to sell at a rate where it can sell another million copies before it would need a price reduction.