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The Nintendo Wii is everywhere in the news and the blogs. I expect to find the Wii in video game blogs and in the news, but now finance blogs are covering the Wii in depth. I hear about the Wii regularly at work as the holidays approach. After Thanks giving, the excitement increased because many people went to a relative’s house where someone brought the Wii to play and the whole family love it — even grandpa loves the Wii.

The Wii is so hot that there is now a Wii options market and some retail stores have been accused of scalping their stock on eBay. Some people have complained about the forced Wii bundles of games and accessories with the console — even Nintendo is not pleased with the bundles. However, a small retailer explains why he loses money on each Wii console sold with a credit card which forces him to bundle the Wii with three games. Ouch, so the bundle may not be about price gouging like most people think.

Some finance bloggers have covered the Wii with various financial conclusions:

• The Simple Dollar calls the Nintendo Wii a luxury good, but has received so many emails on the topic that he posted a Wii Buying Guide. 
• The blog Cash Money Life adds up all the likely accessories and games and calculates how much the $250 Wii is actually going to cost, but $1,000 is not headline grabbing so Cash Money Life also calculated how the Wii will cost you one million dollars.
• Money Ning differs in the assessment calling the Wii the best investment of the year. The Wii can double as exercise and has provided family enjoyment. Plus the Wii has replaced other activities that might have cost more money.
• DebtKid recommends the Wii for a cheap date. That actually sounds like it might be fun

All the excitement surrounding the Wii has made me want to purchase one too, but I think I’ll wait for the price drop. That will make it an even better investment than Money Ning’s console and cost me much less than the one million dollars claimed by Cash Money Blog. The other great thing I find about waiting for the price drop on such items, you often find that by the time the price drops you no longer want the item anymore.

By the way, despite initial claims that the Wii was great exercise, there is a recent report disputing Wii exercise is as good as regular exercise. However, it must be better for a person than sitting and watching TV.

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