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I imagine that this game's success will be founded on (A) it's overall quality, and (B) its subscription/expansion model.

It doesn't have to sell 1M+ copies, if those
If its decent quality, and there is no subscription, I can imagine this game will sell in the many millions, just by nature, and utter lack of competition. If there is a subscription, and again its decent quality, Sony may very well still make a profit, especially if they are clever about DLC (more maps, more ways to expand your persistant character in this "MMOFPS", etc.).

It looks pretty good in these shots. I imagine we'll know plenty more after this year's E3.