jman8 on 15 February 2009
The series hasn't sold particularly well since the PS1 days. The PS2 game SF: Omega Strain was a bust critically and commericially, while the PSP games were terrific critically and mediocre commercially.
With that said, I love the series and am glad we'll see a PS3 version. But considering the recent history of the series, I'm guessing this'll be a downloadable PSN game rather than a full retail effort. I just can't imagine Sony investing huge resources into a game that doesn't have a huge following.
My Top 5:
Shadow of the Colossus, Metal Gear Solid 3, Shenmue, Skies of Arcadia, Chrono Trigger
My 2 nex-gen systems: PS3
and Wii 

Prediction Aug '08: We see the PSP2 released fall '09. Graphically, it's basically the same as the current system. UMD drive ditched and replaced by 4-8gb on board flash memory. Other upgrades: 2nd analog nub, touchscreen, blutooth, motion sensor. Design: Flip-style or slider. Size: Think Iphone. Cost: $199. Will be profitable on day 1.