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1) You mean MLB 09 The Show
2) They need to bring out GT5 with damage modeling, dynamic weather and all the goodies (read car manufacturers, they are still missing lambos, buggattis and a couple of others). Like you said, GT5 and GOW III and Killzone 2 and Home have been eating up money while not generating any revenue/profits. When they release, they should generate some money.
3) I don't think the yen-dollar ratio will go anywhere over 100 - 1 anytime soon, that's bad for Sony, if the ratio was 130 - 1 they would be in good shape and would've dropped the price already....Nintendo would've bought a small country by now.