This has stopped me from buying lots of Nintendo games over the years. It really annoys the shit out of me, to be honest. I almost never buy Nintendo games if they fail to pull me in around launch. I just can't get my head around the prices once the games are a year or two old.
On the other hand, since I resell many games after I've finished with them, I get some benefit from the relatively stable prices. I can buy Zelda, sit on it for a year to play the DLC, and sell it for 75% of what I paid. If I bought a PS game at launch and held it for a year, I'd be lucky to get 40% back. This benefit is not enough to get me to spring for a $60, year old game though.