Don't you guys think the current price (local) of Wii is kinda ridiculous?

US price from Toys R Us
Wii, SSBB, 2 controller, 2 nunchuk = USD359.96 = RM1,188
Xbox360 Pro 60Gb = USD349.99 = RM1,155
PS3 40Gb = USD399.99 = RM1,320

Whereas our local price
Wii US, 2 controller, 2 nunchuk, no free game except bundled Wii Sport = RM1,600
Xbox360 Pro 20Gb = RM1,300
PS3 40Gb = RM1,300
Why is this happening?  Aren't Wii are suppose to be the cheapest among all three next-gen consoles?  Are we screwed by our local vendors?

I always wanted to buy a Wii, but after checking the current price of all consoles, I'm having a second though right now
With RM1300 I can get a more powerful machine, either PS3 or X360
I find it difficult to justify of adding another RM300 just for a Wii

FYI, I'm a Ninty supporter since the Watch&Play era, I find the current ridiculous price of local Wii very difficult to swallow