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Admittedly, I was using 'huge' comparatively weakly, in recognition of the fact that (as you point out) the PS3 will have been out for a decent length of time.
And I think by that stage an MGS4 style bump ought not, under such circumtances, to be sniffed at.

As I recall, GT5:Prologue's launch completely overshadowed the 360's first European pricecut of 2008. In this sense, I don't think a 450k week (if non-holiday release) or 700k week (if holiday release) for the PS3 is infeasible for the full game's launch.