Look, I love Ninty. I wont buy either the PS4 or Xone.
But its getting competitive out there. Sony announcing a $400 console should kick Ninty into gear.
Ninty wont listen but they should drop to 250 with a game. Take the loss now to establish a bigger base.
Do it quick before Sony and MS storm the castle.
It clearly worked for 3DS ( and yes it will need strong games coupled with price cut)