6 - 12 months too late, $50 too little.
The sweet spot for this thing is $249 with a pack-in game, $199 for just the console. No way this small of a price drop sells enough units to move the needle appreciably.
Unlike many others I don't believe the Wii U is dead...yet. But, this had better be just a first step and not the final one to get that price down where it needs to be.
This. I might have jumped on this package day one, but a year later things have changed (Namely, impending competition and a dearth of 3rd party support). It's a good first step, but it needs to go further. And abandoning the basic unit was a mistake IMO - I can't be the only one looking to buy into the eco-system at the cheapest price possible and who doesn't want to pay for pack-in titles that either don't interest me or that I've played some derivation of before.