Wii price drop this month?

With Microsoft and Sony both slashing prices on their respective consoles, it's no surprise that Nintendo appears to be following suit. Last month we explained why we think the Wii needs a price drop and it sounds like we weren't the only ones.

Just today, a tipster sent Kotaku a blurry photo of a Toys R Us circular clearly indicating a $50 price drop for the Nintendo console, bringing it down to $200. Since the circular is dated for the last week in September, the new price could go into effect on September 27.

A $200 price tag would once again solidify the Wii as one of the two cheapest consoles available on the market today. As of now, theXbox 360 Arcade remains as the least expensive home video game console on sale.

This all technically remains a rumor, but we've got a sneaking suspicion that this one is probably right on the money.

All credits and information was found by cnet.