Would you buy a $250 Nintendo 3DS? Details coming Sept. 29

The Nintendo announced and showcased the Nintendo 3DS, the gaming giant's next iteration into the hand held foray, at Nintendo's E3 2010 press conference (although it was more or less announced earlier this year) to a bonanza of hype.

Could the hype and excitement for the world's first non-glasses 3D entertainment device warrant a $250 price tag? One analyst thinks so.

Industry analyst Michael Pachter of financial and investment firm Wedbush Securities told CVG any price below $300 will allow Nintendo to quickly sell 10 million consoles. He said Nintendo may also be in a position to sell the 3D console's software for a higher price, from an average of $25 per title to $29, placing it more inline with Sony's PlayStation Portable.

Nintendo will make a formal announcement on Sept. 29 concerning a new product announcement, likely the launch date and price of the Nintendo 3DS according to Computerworld.

The question is, would you pay that much for the Nintendo 3DS?

I felt foolish when I forked out about $500 for my PS3, but we're looking at a price that is nearly equivalent to the $299 PS3 slim models. Granted, the overpriced PSP Go currently retails for $250 so Nintendo isn't that far off, but it seems like the $100 jump from the Nintendo DS's original price point and at least $60 more than the Nintendo DSi XL is a little too far.

What do you think?