As rumored, Nintendo has officially cut the suggested retail price of the Wii, down to $150 from $200. In addition, they are launching a budget-conscious line of titles for the system dubbed “Nintendo Selects,” which will retail for $19.99.

Titles include Legend of Zelda: Twilight Princess, Animal Crossing: City Folk, Mario Super Sluggers and Wii Sports. The newly cheaper base system will come with a free copy of Mario Kart and a free steering wheel accessory instead of Wii Sports Resort and Wii Sports.

It’s a good move to make in a recessionary climate, but also the story on the street is that price point and repackaging is meant to clear off excess inventory and extricate the last bit of life out of the system before unveiling a new system in June at the E3 gaming expo.

Nintendo announces $150 Wii Mario Kart bundle, $20 software line [Ars Technica]

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