Nintendo’s 
announcement on Thursday that the Wii U would come in two flavors costing either $300 or $350 instantly sparked a lot of arguments.
Some thought it was too high a number. Some felt it fair. Few, it’s worth noting, vowed to boycott the system, so any objections fell short of the ones Sony faced when the PlayStation 3 was initially priced at an astronomical $500.
[In an interview with Gamasutra editor-at-large Chris 
Morris, Nintendo’s Satoru Iwata says his company began thinking about the Wii U right after the Wii’s launch, and outlines the firm’s home console and software pricing strategies.]
Hindsight’s a funny thing.
Given the staggering out-of-the-gate success Nintendo saw with the Wii, you might have expected the company to push back its next generation planning for a year or two to focus on ensuring third-party partners understood how best to succeed on the Wii, ultimately extending its appeal in the market.
Chris Morris: Journalist 