Wow. NOBODY read that link? I feel almost violated...

Quote Originally Posted by me, y'know when I posted that link that you didn't read?
Nintendo has stated that the Wii will be cheaper than the PS3 and Xbox 360, with the basic Xbox 360 at $299 USD and the basic PS3 at $499. Additionally, Satoru Iwata has said "the price won't be significantly higher than Nintendo's prices have been historically" ($199 for all previous consoles) and that more details can be expected in the summer of 2006.
$200 is an estimate. It's not going to be far off, and if you think it is then you don't know who Satoru Iwata is.