Why do people think that Ninty cant sell it for 400??? Is it some rule?? Didnt MS sell 360 for that price and it did alright. The guys at Ninty already said it would be costly. So unless they are going to backtrack and cheap out on hardware, which lets be real might be good for them and not good for actual gamers; $300-400 is not outside the realm of possibility.
This is wrong, Microsoft did not alright at this price, it was only when it hit the 200$ pricetag that the 360 started to have success.
Nintendo has never sold a console that much and seriously, it would hurt them a lot if the pricetag of the Wii U was superior to the Wii when it was released.
If the Wii U is worth 400 $ of hardware, it is a massive failure from Nintendo, a massive mistake. But I doubt they are that stupid. They know price matters more than technology. Wii showed it. 3DS showed it again.
I would be very surprised if they released the Wii U at more than 300$ after experiencing the 3DS slower than expected start before the pricecut.