Con: Will Nintendo drop Wii price in Spring?

No
Nintendo may have been planning a price drop for Spring 2007 when they weren't sure how fast the console would catch on. Now that they are consistently selling out, they would have no reason.
This rumor was probably from an old meeting by Nintendo execs who were concerned that the system may not be well received right away. However, now that the sales numbers and the lines before store openings have surely given Nintendo reason to change their minds about the drop. Basic economics says that if an item is selling out at the current price, leave it be.
While some people would love the system to be $199, if Nintendo can't keep up with demand at the current price, they have no reason to lower it. If they did lower the price, they probably would take out Wii Sports, which I believe is one of the main reasons it is so hot. Wii Sports shows what the system is all about, and people all get the same positive impression of the system.
One problem with the Gamecube that I saw was people were saying the games on the system sucked. When I asked them what games they had played, all the games they told me were crap, and no Nintendo published titles.
As for new colors for the system, I believe that is more of a summer thing. If the system sales are slowing slightly in the spring, I see Nintendo bringing out some new colors.
Many cash strapped gamers want the system to drop below the $200 mark, but at current sales levels, I don't see it happening anytime soon.
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Posted by BigWiiMan
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