Nintendo recently announced the realease date and the price of their new console the Wii U (Nov. 18, $300) which puts them as the first release in the next generation of console. Still no word from Sony and Microsoft.
Gamasutra ran an article that examined the price point of the new console to see how it stacked up to previous console releases. Remember the Wii sold for $250 when it came out in 2006. From that article comes this great graph:
