I don't think it's selling well.
Why? Easy. Price.
As I said in another thread, the PS2 made a reasonably priced DVD player. The problem with blu ray is that it made a ridiculously priced gaming console. $300 was an accepted price for a new console release. Yet the PS2 sales really took off at the $200 price. Few people find $600 a reasonable price. Few people find $500 a reasonable price. Most potential buyers will not get the system for blu ray. They want it for good games. And few will spend more than $300 on any console for those games. To sell well you need to combine the right price with the right games. Both those things for Sony seem way too far down the line for sales to rebound anytime soon.
To cash in my CC rewards points for $300 in Circuit City gift cards to purchase a 360 or not: That is the question.
