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Define Success.

We can only make assumtions as to whether it's profitable or not (Personally I would imagine it's making Sony millions.) Lifetime sales should see it roll by the 2.5 million mark. Taking a quick look at the sales charts of other new IP's on the PS3 shows that LBP is selling well in comparison. At a sales level of over 2 million I also think it has a great chance of now becoming a franchise.

Sony themselves have reportedly remarked that they hope it will sell along the lines of GT5:P. Time will tell if it has the legs or not.

It would be the easiest thing in the world to jump on the claims of some posters that the game would be 'Huge' instead of taking a few steps back and looking at the other details. Among them the fact that there were other posters predicting the game would essentially flop.