Nintendo CEO and president Satoru Iwata has dismissed any price cut for the Wii console.  He stated "we cannot say [a Wii price cut] will never happen, but we are not thinking of it for the near future."  For the same price as a Wii, gamers can also choose the Xbox 360.  While the new Crimson Bundle should help in the very short term, a price cut is what is really needed.
Of course the last time Iwata mentioned there would be no price decrease, we only had to wait 5 months for it. [Engadget]
 

 
 
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