Right now it's set for Q1 of 2007, which is in about the six month price range.
You should also be able to shoot your bow with the Wii-Mote. But yeah, if Zelda is the only thing you're going to look forward to, then go ahead and wait. I highly doubt the system's price will drop in such short amount of time. I mean, I think the 360 is supposed to drop somewhere around November, and it's been out a year.
Don't forget about the Virtual Console though. If there are games you wish you had that catch your eye, maybe it is worth it. But it's all up to you.
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'Next-gen' is just a term made up by fanboys, to justify the ridiculous amount of money they are spending on a toy.
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