Saturo Iwata, the president of Nintendo, made it clear in a Japanese marketing event that the next-gen Wii (codename: Nintendo Revolution) would have a “virtual console” service via the internet.  This “virtual console” he speaks of is essentially an online method of browsing and downloading retro Nintendo hits (think of all those old Zelda, FF, Mario, and Metroid games) for the reasonable price of $4.50 to $8.99 USD.  Contrast that with the outrageous sale prices of retro games for the GameBoy, which sold anywhere from $20 to $40 a piece!  With great anticipation, ArsTechnica adds that “[u]nfortunately, we still don’t know when the Wii will launch or how much it will cost. Iwata said the launch date and final pricing for the Wii will not be announced until September.”