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i agree ps3 had the worst launch of all consoles and handhelds from this and last generation(if we're talking about big 4).
- high price
- in EU almost every game from 3rd party publisher was like 6months old and already on 360 and those that weren't were released later on 360 way better then they were on ps3(Virtua Fighter 5).
- not to mention that 2 worst ps3 games were released on the launch(Crossfire and Sonic the Hedgehog) in Europe.
still i think that North America launch was even worse cause there was only 2 games that were good and weren't already on 360(counting Ridge Racer 7) cause europe had 5 of them(if you count broken version of Virtua Fighter 5 and Ridge Racer 7).

plus lack of support from 3rd parties in first few months after release. so yeah ps3 had the worst launch in the past 2 generations.