Yeah, not a fan of this. The DLC will not be free. At all. Under any circumances. Microsoft seriously doesn't like free DLC, after all (look at the trouble they had with Unreal Tournament). Sony may have no issues with it, but charges for the bandwith used (or whatever it is), meaning it will cost Capcom to slap it up, and they won't shoulder the costs. In short: this sucks.
And will the Blu-ray be filled with all the cut material?
Uh... No.
Unsurprisingly, I think Microsoft would through a hairy fit if the PS3 game had significantly more content than the 360 equivalent. Pretty much all of this sucks. We will get half the game for our money, then we'll have to pay much more for the rest. Which should have been included. For free.
Good job, Capcom. Lost a customer here. I'll maybe pick this up when all the DLC is included in a later, special edition. Maybe.