One thing that Nintendo didn't reveal was a price for the 3DS. However, the President of Nintendo is talking about a possible price point. This is what he had to say:

"I have to refrain from talking specifically about the price point. What I can confirm is that, in terms of the production costs, it will cost more than the costs for the Nintendo DS today. Having said that, we believe we will produce enough value worthy of the production cost. We do not think we have to sell the products below cost.” -Saturo Iwata

One thing that Nintendo didn't reveal was a price for the 3DS. However, the President of Nintendo is talking about a possible price point. This is what he had to say:

"I have to refrain from talking specifically about the price point. What I can confirm is that, in terms of the production costs, it will cost more than the costs for the Nintendo DS today. Having said that, we believe we will produce enough value worthy of the production cost. We do not think we have to sell the products below cost.” -Saturo Iwata

Hmm. I don't agree with a handheld being more expensive than the console that the company makes, even if the technology is more impressive behind it. It just seems . . . dumb.

Yeah, $250 sounds about right.  That's what the PSP released at. 
Any higher than that, and it'll be like the PS3 launch price.  There will be those people who gladly pay the price for it, but also the ones who just can't believe it's that expensive. ( Like me. I didn't get around to picking up a PS3 until they hit $300. )