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Considering that digital -> analog converters cost a good $60, and are an irritating accessory to have to throw in your living room, I'm thinking that Feb 17th, 2009 will incur something of a spike in HDTV sales -- just how large this spike will be, I'm not going to hazard a guess.

Will this have an indirect effect on PS3 sales in late 2008 through early 2009?  About what % of (North American) households own TVs not capable of receiving a digital signal?

As I recall, the law requiring TVs to have a digital tuner has only been in effect since March of 2007.