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I had a new Motorstorm pegged in for a holiday release this year, but it turned out SCE Liverpool are deeply involved in the 3D tech, so might not be working on a title at the moment.

Insomniac will likely have Resistance 3, or a new IP for the holidays.

Eat Sleep Play, Media Molecule and Lightbox Interactive may all have titles in the works that could release this holiday season.

I don't think there will be a lack of exclusives, just in an unusual turnaround the 360 seems to have most of it's lineup shown, while Sony are remaining tight lipped about their own.