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In a quickie comment, Nintendo's President Satoru Iwata has finally come out and said that the Nintendo Revolution will have a below-$299 pricetag when it debuts next year—obviously making sure it can compete with Xbox 360 and PS3. It's in Japanese, so you can read into it about as well as I can, but Happy New Year, Nintendo fans.

The next generation game machine, it is low at price = DS favorableness and domestic 5 1000000 unit breaking - Nintendo Co. President Iwata [Yahoo Japan]

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Nintendo revolution will be below $299 [The Inquirer]