According to Internet Website engadget's unnamed sources: The Wii's price will be dropped by $50, beginning this Monday. Nintendo is reportedly set to make the announcement this Friday, and begin selling the Wii for cheaper at the beginning of next week. That means this weekend is, officially, the worst time ever to buy a Wii.
If this is true, it will be interesting to see how Nintendo will "spin" the news to retailers and to the public. I imagine a lot of people will rush to the store this weekend to pick up a cheap Wii if the price-drop is announced, only to leave Best Buy in tears when it doesn't apply to them!