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There are 2 parts to this ...

Historically, Sony platforms have taken a long time to release many of their good games because they have been (for the most part) third party published; and third party publishers dislike releasing their key games to systems that don't have established userbases. On top of this, most first party publishers like to spread out their good titles through out the generation in order to maximize sales and impact.

The second part is the PS3 requires much larger development teams, and much longer development timelines, and (due to the scale of project and technical problems) is far more likely to see delays.