Struggling retailer Woolworths has dropped the price of all its Wii consoles and bundles. Get a Wii for �159.99!

As retailers get hit by the 'credit crunch', British high street chain Woolworths has responded by cutting the price of all Wii consoles sold - with the basic package of the Wii console and Wii Sports game cut to just �159.99.

Early reports indicate that the move is paying off for the chain, with the lowered price meaning it is now one of the cheapest places to get a Wii in Britain.

With Nintendo showing no signs of cutting the price themselves, this might just be an offer worth taking up...