There's a guy on my local Craigslist selling a 32gb Wii U for $200 (originally said $250, but said if I grab it today or tomorrow he'd let it go for $200). He says it works perfectly (I would of course try to make sure it read a disk though I only have Wii disks and he stated he's already traded in all his Wii U games, turned on, etc). He states that there are no manuals (no biggie), no registration stuff (bummer to lose the eShop 10% bonus and Club coins, but not huge) and no Nintendo Land (traded it in). Oddly he said it never came with any stands, but perhaps he doesn't know what I mean. Then there's always the risk of it being a Craigslist deal....
Lastly, I'm wishy-washy on picking up the console in general as there really isn't anything I want on it at the moment, but I figured I could always stack some VC stuff on it and there will eventually be stuff I'm interested in and I doubt I'll be able to pick up an equivalent to the deluxe bundle for anywhere near that cheap any time soon.
My suspicion is that we won't see a Wii U price drop at E3 even though it desperately needs one. Gamestop just extended its trade in promotion for the Wii towards a Wii U until past the E3 date which I don't suspect they'd do if they though both items would have a further decrease in their value.
So ultimately, $150 off retail for no Nintendo Land (honestly, probably wouldn't have gotten much play time anyway), no packaging or new purchase Club Nintendo bonus, a used console and the potential that comes with buying from a non-returnable source (though I would make an effort to minimize that risk and, as a whole, Nintendo consoles tend to be fairly reliable) and a thrown in copy of House of the Dead 2&3 (I assume the Wii version?). I guess there is always the potential he has bought some VC stuff that could be lingering on it too, I didn't ask, but it doesn't seem that way.