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We're living in a different gaming generation.

Racing games sales have staggered in America. GT4 probably did half of what GT3 did with double the user base. GT5 prologue sort of failed in America. Other racing games didn't fare much better. Forza 2 and Motorstorm (and now GT5 prologue with the sixaxis) were bundled to get rid of the huge stock.

Today's most popular genre is first person shooter (and third person shooters), which none of the big 3 playstation franchise are. FF, GT, and MGS won't have as big of an impact as it had with the PS2. In Japan, people moved on to portables.