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I would think so since many of the developers have by now created an engine it should some what be quicker turn around on games.  Also most have by now extensive experience with the 360 and the PS3 is catching on.  Once UT3 comes out for the PS3 hopefully games that use that engine will run alot better since Epic would have optimized it for it.  We had alot of games this holiday but I expect 2008 will probably have even more.  Hopefully the quality will be as good if not better.