Rumors speculate that the next generation Wii, called the Wii U will retail at $300. I think this is right on and Nintendo knows exactly what they are doing. Given the economy and the fact that these consoles are released every 4-5 years, they should not be costing us more than $300. I think Sony and Microsoft need to pay close attention to this. People are not going to pay $400+ dollars for their next consoles. I know I will not.