I think this is something we saw coming from a mile away. It's not unusual for a new piece of kit to be launched at a ridiculous price to begin with because there will always be those who will leap at the idea to be one of the first ones to own the new tech regardless of the price. All marketing strategies. Still, those of us who have held off knew a price drop was inevitable and probably did the wiser thing.
I think the 3DS's major problem was it was released with a really weak catalogue of release titles. There was nothing to grab the interest of the gamers who would have normally dived straight in on release day. Ninty have already admitted that much. The price cut is welcoming but the games they are promising still aren't here yet so until that library fills out with more than just fodder, the 3DS won't take off. I still wouldn't mind a 3DS but I'm even determined to go one further and wait for their next versions of machines to come out (3DSi, Lite or XL) coz I'm pretty sure Ninty will be bringing out more 3DS's that are tweaked and improve initial niggles like battery capacity and the like.
I'll get one for sure... just still waiting for a little more incentive.