Last I heard the system was due out before the end of the year. One thing though - you notice the price of the games? $49.99? I'm sorry, but I have very little intention on buying a portable console game at that price point.
None of those numbers are official, though. Because EB can't definitively say what the price will be it has to assume the absolute highest number (for both the unit and the games.) In this way, anyone who preorders will get money back instead of having to shell out even more clams.
I expect the price of games will be $29.99 - $34.99 US, and unit itself to be $149.99 - $199.99 (not to exceed $200)