Nov. 19 in North America. $250. Sports title included as well as Opera browser and "nunchaku" peripheral for the controller. Virtual console will have ~30 nintendo and sega (turbo grafz coming) older system titles for download at launch at $5-$10 per title. New release games priced at $50.
I question how many will be willing to opt instead for the $600 box that will somehow confer adulthood on the purchaser.