If critics and medias game of the year graphic awards are to be taken into account, then fuck yes. PS3 has had the awards from 2008-2011, thats 4 consecutive years! This year is probably the only year where the award will go to a multiplat due to the lack of exclusitivity only to be redeemed in 2013 with an overhaul of The last of us, God of War IV, potentially Killzone 4?, The last guardian etc.
I made a topic a while back when Uncharted 3 was practically given all awards for graphics all around the web. It went something like this:
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In 2008, Solid Snake sat his ass down on the throne from winning most graphics GOTY.

"War has changed... nowadays, corporations are all aiming towards one mission, one goal;
The graphics throne."
^Snake you be smokin'!
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In 2009, The Helghast took the throne.. Only to be overthrowned by Nathan Drake in the same year! Even the ISA couldn't accomplish that!

"Oh cruel world.. why.. WHY?!"
^Ill tell you why bruv'

"I would like to dedicate this win to all the dogs back at home who taught me that dreams are worth fighting for!..
Shout outs to my man Aldro!"
^Oh Drake, you funny!
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In 2010, Kratos came with a bloody vengeance. No not Revengeance as in Rising, but with a Vengeance. It was looking grim for Nate and all things must come to an end.

"Why ... I am so cold... sooo cold. Next time I am going to someplace warm.."
^Yes you are Drake.. YES YOU ARE! But in all seriousness, give it up for the biggest SOB (son of a bitch) in the gaming industry... KRATOS... KRAAAYTOOOS.. WHERE IS THE MUSIC.. (No I won't embed it, ill spare you this time for reading this far!)

"THIS IS SPARTA!"
^Yes Kratos... yes.
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And here we are!
In 2011, The Helghast re-debuted and what seemed to be a safe win.. was infact NOT true.

"THIS IS YOUR FAULT JORHAN STAHL!
THE SECOND COMING OF JESUS H. CHRIST ..I mean NATHAN DRAKE turned the tides yet again.

"Here are some vacation photos of my journey back onto the throne. Enjoy my game gals."
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Welcome home Nathan, you have been missed!
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And some recent pictures of UC3 (Right click->View image):
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