Wii Spot Podcast from WiiSpot.com

That is about what happened according to 1up.com. Worldwide studios Executive VP and COO of EA David Gardner had this to say (causing the chaos).

“I’ve heard in Japan that the price is about $170, but I don’t know if the price has been set in Europe yet.”

However, the article which the quote came from forgot to say that this came from Nikko Citigroup (which is out of Toyko) and they were simly passing along information. Also as 1up’s Patrick Klepek said thta $170 is too low and that $199.99 is the sweet spot.