If any news serves as an indication that E3 is drawing near, it's hardware price cuts. Joining Sony and (perhaps) Microsoft, Nintendo is the latest to announce a special deal on one of its consoles.
In this case, it's the Nintendo DS Lite, which is getting a price drop to $99 down from $129. The cut is set to take effect as of June 5th - two days ahead, if you recall, of Nintendo's pre-E3 press conference. The cut will be joined by a red repackaging of six of the DS's biggest Mario titles, including New Super Mario Bros. and Mario Kart DS. Sadly, the games don't seem to be getting a similar drop in price.
Nintendo cut the price of the Wii earlier this month to $150, signaling that the hardware is on its last legs as the company's next console, code-named "Project Cafe" moves to take over. Nintendo is expected to unveil the console next week.
Nintendo's announcement comes shortly after Sony announced a new PlayStation 3 Call of Duty: Black Ops bundle and speculation that Microsoft plans to drop its 250GB Xbox 360 with Kinect bundle to $299. If there is any time to invest in a new console, this is it.