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No, Sony is now getting a lot more revenue from its PSN Plus service, which gives it more cash to spend to run the business.  More revenue gives you a bigger chance to beat the other guy; standard RTS strategy here. 

 

Also, Steamworks is coming to the PS3 and this won't simply add people that want Steamworks to the PS3 brand.  The Steamworks kinds of users are more technologically proficient than hte average gamer, and are probably more influential as to what brands are better, so the PS3 is now going to get the elites of the gamer world on its side.          

 

The PS3 did well this E3 don't worry about it.