Wii Price Dropped to $169.99

Following recent rumors that Nintendo would drop the price of the Wii from $200 to $150 in mid-May, the company sprang into action earlier than expected for a smaller discount.

This move looks to be in service of clearing out inventory in advance of Nintendo's announcement of a new HD console at or before E3.

Retailers GameStop, Best Buy, Amazon, and Target have all fallen in line with the new $169.99 number. Whether Nintendo will drop the remaining $20 to hit that $150 mark anytime soon is anyone's guess. Though it seems unlikely that we'd see two price drops in the span of two months.

The latest black and white Wii systems include the following:

• Wii System
• MotionPlus Remote
• Nunchuk Controller
• Wii Sports
• Wii Sports Resort

[GameStop is the parent company of Game Informer]