The demand is high here in the UK, but the stock is high enough to cope with it unlike in the USA (and Canada?)
In the last week I saw 10 leave Argos in Dewsbury (and hardly anyone goes shopping in Dewsbury) compared to 2 PS3s (one was to one of the employees who get 10% off) and 1 X360. (though X360 did sell more games than PS3)