After the devastating news regarding the delay of The Legend of Zelda: Twilight Princess we have some news that will probably put a smile on your face, that is if you are an American. Nintendo announced today it is slashing the price for the Nintendo DS from $149.99 to $129.99, effective August 21. The $20 price drop comes just ahead of the August 22 launch of Nintendogs in North America.

"The new price and the arrival of a mega hit like Nintendogs give Nintendo DS a one-two punch that will thrill consumers," says Reggie Fils-Aime, Nintendo of America's executive vice president of sales & marketing. "Consumers know Nintendo offers the best in the hand-held video game industry, and this news should make them very happy."

Nintendo's announcements also stated: "The new price for Nintendo DS also gives consumers another excuse to buy a Nintendo DS to be ready for the upcoming Nintendo Wi-Fi Connection, the wireless gaming service to launch later this year with a Mario Kart racing game and an Animal Crossing community-building game."

So far there has been no announcement regarding a possible European price slash. We will bring you more news as it breaks...