As of this writing there are at least 630 Wii Us listed on eBay for minimum bids or buy-it-now prices of $520 or more. Not a one of them has any takers. Even though it took less than a day for GameStop to sell out its preorder allotment, even though the retailer claims a waiting list of 500,000, even though retailers like Best Buy and Toys 'R Us are said to be canceling orders because they oversold their day-one stock, the console is commanding between a $50 and $175 premium in the gray market on day one, depending on the system.
That's still better than the price point the last time we looked at this—on Oct. 4, the highest bid on a Wii U preorder was $465. This morning, it was $517.99, though the highest bids for auctions ending this afternoon were coming in between $425 and $450 for the deluxe model. (One standard model auction, ending at 1:30 p.m. EST, was holding at $306.05, a whole $7.05 more than MSRP.)