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HappySqurriel said:

First off, compared to the PS2 the PS3 has sold awful in Europe and is a disaster in Japan ...

 

Relax already. The PS3 is crushing the 360 in Europe and Japan, and its launch numbers actually aren't so far off from the original launch of the PS2, despite the PS3's far higher price tag. The $399/399EUR version is selling well, and the price will drop  to $299/299EUR sometime in 2008 - just in time to offset the decline in PS2 sales. Sony is executing its game-plan with astonishing precision.