To be fair, reports seem to peg the European allotment between 1 and 1.2 million... Anything over a 60% sell-through in the first week would be great with those kinds of numbers... It is kind of funny though... Some of the reports in the last couple weeks of "PS3 pre-orders already sold-out" were literally about retailler orders.
"[Our former customers] are unable to find software which they WANT to play."
"The way to solve this problem lies in how to communicate what kind of games [they CAN play]."
Satoru Iwata, Nintendo President. Only slightly paraphrased.