It's being suggested that the Wii will be $249.99. Of course, no one knows for sure right now except Nintendo.
While I think the Wii could be fun, I'm hesitate to buy another N console. Game support for the last 2 has been next to nil. Sure, there's a great game every 6 months (Zelda, Metroid, etc), but I don't like waiting 6 months and only having 4 or 5 games total for a system. Everyone is interested in it because it's different. I just can't see it catching on and being a bit hit 6 months after the "new-ness" wears off. I'm not dismissing it, just taking a cautious approach to it. I hope it's brilliant and good.