The Wii U officially launched last week, and Nintendo is now putting all of its efforts behind the new console. That being said, the Wii is still an attractive console for those shopping on a budget. Nintendo has dropped the price to $130 for the holidays, but the company may have more than just a price cut in mind.

A rumor out of Nintendo World Report says that Nintendo may be releasing a redesign of the Wii that’s smaller than the already smaller console. The rumor comes from an internal release schedule from an undisclosed major retailer. Here’s what the schedule reportedly said:

Introducing the Wii Mini! Coming Dec 7 2012!
WII MINI CONSOLE
Compact Nintendo Wii Console
Comes with Sensor Bar, Nunchuk and Wii Remote Plus with Jacket.

It’s hard to believe that Nintendo would release a Wii redesign this year, but a redesign is not out of the question just yet. Nintendo has a history of releasing redesigned hardware even after ushering in the next generation of consoles. A smaller Wii also wouldn’t be the first time Nintendo has redesigned the Wii hardware either. The company took out backwards compatibility with GameCube titles and accessories last year to reduce the price.

It should also be noted that Nintendo has a history of reducing the size of its handhelds. During the Game Boy days, we saw the Game Boy Pocket and Game Boy Micro come out of the company. The Micro launched after the DS was already out, however, and was largely seen as unnecessary. I fear a smaller Wii would be received in much the same way, but it might be worth a shot. A cheaper, smaller Wii may just be what Nintendo needs this Christmas to move more units of the six-year-old console.