Wii Love Nintendo

With E3 come and gone, Nintendo has given us a lot of information and media for us to marvel over. However despite how much Nintendo rocked E3 with it's innovating controller and it's use first hand we still have to wonder... How much is this console going to cost? Without the HD and the other media extensions it is a given that it will be less than the other two consoles. Also considering the fact that they themselves said that the console would be less than the other two consoles.
So far Wii have no official declaration of price, however there are many analyst that are estimating the console at about $200 USD. A price point like that will solidify the consoles presence in every living room of a gamer. Also when you consider the price of games that seem to keep going up, rather than buying 3 Xbox 360 games you could get a Nintendo Wii? Awesome.