Nintendo has finally announced the official release date and price of the Wii U in both the U.S. and Europe.

The console will release November 18 in the U.S. and November 30 in Europe the company announced at a press event in New York. The console will be available in two models at launch, the more expensive of the two is the Premium version which will set you back $349 and includes a built in flash memory of 32GB, a Wii U GamePad, a GamePad stylus, GamePad charging stand, GamePad playing stand, a Wii U stand, a HDMI cable, and AC adapters for the console and controller.

Then there’s the Basic model which only costs $299, but only includes 8GB of built in flash memory, apart from that it will include everything that the Premium version has minus the GamePad charging stand, GamePad playing stand, and Wii U stand.

A free copy of Nintendo Land will be bundled with both console models.

So now you know the price and release date what are your thoughts? Too expensive, just about right? Let us know in the comments below.

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About Matthew Bennett

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Matt has only been covering the gaming world for a short while, but he’s eager to make his mark. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89