Nintendo has announced that the Wii will receive a price drop from $199.99 to $149.99, in effect on May 15, while a new Wii bundle for $199.99 will feature a colored Wii, Mario Kart Wii and a Wii Wheel accessory of matching color.
Nintendo is also launching its own version of the Xbox 360 and PlayStation 3 bestselling line with its “Select” value line retailing at $19.99 each. The first games to be released under the budget line includes The Legend of Zelda: Twilight Princess, Animal Crossing: City Folk, and Mario Super Sluggers.

If you’ve ever been through an acquisition or merger you’d have expected this news to come, but for those new to the concept it’s simple: you can’t keep everyone. After a complete merger you end up with two sales departments, two IT departments, etc.