I'm amazed people are still hung up over this. I guess its a testament to humanity's inability to cut through PR bullsh*#!.
Nintendo is a business, plain and simple, and like any other business their first concern is profit, not making the consumer feel warm and fuzzy. They will drop hardware prices if and only if they feel it necessary to boost sales. And since Wii has been essentially printing money for them since launch, that's not happening any time soon.