I like that they basically said "PS3 software doesn't sell well enough for us to bother" in the nicest way possible, and people are still butt-hurt about it.
Orange Box was UNPLAYABLE on the PS3, and moved to the bargain bins almost immediately after it hit the shelves. Meanwhile, the 360 version is still heavily played, to the point they even did an expanded Portal on Live, and now L4D is cleaning up and getting a sequal... At the rate they can churn out quality work for the 360 and turn a profit, why WOULD they waste time developing for the PS3?
Also: to those questioning if they're the only ones still having trouble: limited RAM aside, what do you all think has been the cause of PS3 multiplat games underperforming the 360 versions? It's not because it's a noticably weaker machine...