I have some bad news, apparently that article is a bit mistranslated, and that the price range applies to NEW games developed for the VC.
From IGN-Wii
"June 7, 2006 - Nintendo president Satoru Iwata outlined a price range for some games on Wii's Virtual Console download service during a marketing conference held in Japan on Wednesday. The company leader said that some Virtual Console games would cost between ¥500 and ¥1,000 yen, or $4.50 and $8.99 USD.
"We'd like people to play new, low-scale games for ¥500 yen or ¥1000 yen," Iwata stated.
These prices apparently encapsulate only titles newly created for the Virtual Console. It is not yet clear if classic NES, S-NES and N64 games will fall under the same price range umbrella."