I my of embellished the title a little, but that is basically what the analyst said.

“Nintendo need not worry about Microsoft, or anyone else for that matter. Nintendo will always be its own worst enemy (in terms of keeping up with demand). …Nintendo has so much wiggle room on the Wii’s pricing that they will never be afraid of a competitor trying to use price as a differentiating feature. If they ever felt threatened, they could drop the Wii down to $149 and destroy a competitors momentum. But in this particular case, Nintendo won’t feel too threatened by an Xbox 360 price drop.” - Jesse Divnich with Electronic Entertainment Design and Research

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