Nintendo confirms Wii price cut

Nintendo has finally confirmed that the Wii will be experiencing a price cut from next Sunday onwards, where September 27th will see the Wii going for $199, which means we ought to see a dip in Wii sales for this week since most people who really want one won’t mind waiting another seven days to save a cool $50 which could be better used to purchase another game. Do you think this price cut will result in a hardware sales boost after that, or will it eat into the PS3 Slim and Xbox 360 sales after their two price cuts recently?