Wii Price Drop Coming May 15?

Will a certain "trusted source" close to Nintendo be proved correct next month? If so, we may see a $150 Wii on store shelves come May 15.

Tech site Engadget reports that it's received this enticing tip. But why would Nintendo drop the price weeks before E3? Surely Mario's master would save this huge news for a bigtime press conference bomb drop.

If this turns out to be true, however, what would a pre-E3 price drop signal? Perhaps Nintendo wants any final holdouts to buy up a big stock of cheap Wiis mere weeks before a brand new home console is announced, as analysts have speculated. After all, take a look at this pathetic release lineup for Wii. Sure, there are a couple third-party titles with potential, but the rest just screams end-of-lifecycle.

E3's less than two months away and things are already getting exciting!