Nintendo's big boss, Reggie Fils-Aime, was interviewed early in the morning for G4TV, to talk about the much-denied, eventually-true price cut given to their Wii console. According to him, the price cut happened because it had to happen, not because Sony and Microsoft were doing it.

You might wanna finish the whole 7 and a half and some minutes of interview if you want to find out his answers to the questions on a Wii 2 and their third party dev relations.
heres the link http://wii.qj.net/G4TV-Reggie-Fils-A.../49/aid/134784