why are there so many threads on whether Nintendo will drop the price or not. I swear there's been like five in the past week.

6. Continue printing money

People too  thick to realize Nintendo is not following the same strategy as the other first parties.

The answer is nothing. As long as it's outselling both of it's competitors put together they should just concentrate on releasing good first party games. Oh wait, they are already doing that.

NOTHING!!!!!!!

Like many people have said, Nintendo doesn't seem to care about what Sony and Microsoft are doing.

6. Count their money and laugh at the money the HD systems have lost so far?

Seriously, the reason that PS3 cut its price was because it was falling below 40k/week in the US and Others, and below 10k/week in Japan. MS felt that they would lose marketshare since the libraries between the PS3 and 360 are very similar, so they needed to make a competitive price to keep control over the HD gaming market.

Nintendo is so far in the lead, it would take until the next gen of consoles for the HD systems to catch up.

In the long of it, people still are buying Wiis at a good pace. Until the Wii sales drop down to where the PS3/360 are, don't expect them to do much, since they really don't need to. Their current strategy is doing well.