Looks like a Wii price cut is incoming. Reports late last night surfaced about a May 15 move to $150 (down from $200), and today internal documentation~! from K-Mart also shows the console moving down to $150.
Nintendo’s been fairly lax with Wii price cuts, but that’s probably because the thing keeps selling no matter the price. And considering the Wii is more or less a GameCube with a coat of shiny new wax applied then it’s safe to say the company has made a few yen this generation.