Nintendo has officially announced an impending price drop for the Wii. As of May 15 (confirming our earlier report), the Wii will be sold at a suggested retail price of $149.99, and will come bundled with Mario Kart Wii and the Wii Wheel accessory. The new price applies to both black and white system models.

Now that Mario and his comical transportation have been crammed into the box, Wii Sports and Wii Sports Resort are out. On May 15, the original sports collection will join the "Nintendo Selects" line of budget-priced software, alongside The Legend of Zelda: Twilight Princess, Animal Crossing: City Folk and Mario Super Sluggers. Expect to pay $19.99 for each of those.