While this is certainly a shocking announcement, people are going way overboard here.
This game going multi-platform does spell doom for the PS3, nor does it mean that the 360 has "won" anything.
The PS3 doesn't need this game to be exclusive in order to keep outselling the 360. The game may end up selling slightly more copies on the 360(and even that's not certain as the PS3 version will sell more in both Japan and Europe), but as with GTAIV, any hardware boost will probably last all of a few weeks at the most.
If GTAIV didn't really make a difference(it actually gave the PS3 a bigger hardware boost), then why would FFXIII?
Consoles owned: Saturn, Dreamcast, PS1, PS2, PSP, DS, PS3