In an extensive interview with The Street.com, Nintendo president Satoru Iwata talked about Wii . Here are some hightlights

Wii's price
Iwata told The Street, "Sorry, but give us more time before making the announcement. Of course, it's going to be an affordable price point."

Wii's price vs PS3's price,
"If we put the PS3 as the standard price point, any price point is going to be affordable."

Wii for everyone
"The fact of the matter is it's not the case. By taking advantage of the unique controller and very unique play style of Wii, we will not only invite the newcomers but also excite the existing gamers. Now that's the kind of message we really wanted to deliver."

Read More Hightlights at CVG