According to an omnious retail source that has been in contact with Kotaku, the price of the Wii is set to drop from its standard price to $150. Along with this news, Nintendo are planning on doing a “Wii Select” line, similar to that of the Platinum line that was adaopted by the PS3 and the 360. The games are set to cost $19.99 each The Legend of Zelda: Twilight Princess, Super Smash Bros Brawl, Animal Crossing: City Folk, Wii Sports and Mario Super Sluggers. In addition to the price drop and the Wii Select line, The retail sources say that all new Wii consoles will come with a free copy of Mario Kart instead of Wii Sports and Wii Sports Resorts, most likely to capitalise on the fact that Wii Sports is now a part of the budget line. The new Mario Kart combo is set to be released in America May 15th however there is no confirmation as to when the Wii Select line will become market avaliable.

Source: (Nintendo World)

Update: The price drop has since been confirmed by Nintendo