Wii price cut set for May?

Nintendo could be set to cut the price of the Wii home console this May, according to a new report.
Engadget suggests May 15 will see the console drop to $150 in the US, although it points out the move would be only weeks before the annual E3 games show, where big price announcements are usually made.
If true, a price drop would fuel speculation of a successor to the Wii, which has been on the market since 2006 and boasts lifetime sales of more than 85 million units.
The console currently retails for $199 in North America.
Update: Go Nintendo has posted what it claims is an internal price sheet from retailer Kmart, also suggesting a reduced price for the system of $149.99.

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