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DQ is on the DS.

I think the final fantasy, Dragon Quest and monster hunter triple attack would have done wonders for the ps3. But final fantasy by itself wont save the ps3. Its a huge loss for the ps3 one only has to look at the huge amount of Japanese games released on the DS every week to realise that its going to hurt the ps3. Even if they aren't huge games a continual flow of titles does wonders for any console. The ps3 is basically dead in Japan, at least for now.

So yes losing dragon quest and monster hunter to nintendo is more damaging then gta exclusivity.