"Now with the PS3 delayed, some of the big games would be there at launch such as KZ2, MGS4, GT5 and many others that would make that $600 price definately worth it."
I don't know the first year normally sucks because really great titles need more time to develop and publisher do not like to release games for consoles that nobody owns. I mean it worked for Resistance and Motorstorm but I don't think that Konami would have released a title like MGS4 for a console that has essentially an installed userbase of 0.
It sounds good but nobody does it that way. The first-year games of 360/DS/PSP/PS2/PS3/WII they all sucked. The only really good title for the Wii was Zelda and that was essentially a Gamecube game. In the end you just have to first release the console and then wait for good games.