I realize Sony kept claiming to have it ready for launch this "spring" but I don't think many people took that seriously. Most people were saying late summer early fall all along. There is absolutely no way it's launching before summer like they were sort of hinting at last year at E3.
Initial dev kits are out, but the utter lack of gameplay videos and things like that make it hard to believe it's anywhere close to launching.
Sony plays a good game. They've known all along this thing was still far from finished but kept pumping out the CGI videos and spouting lies. I'm not hating on the PS3 here at all, just pointing out how Sony is playing their cards right now. I'll have one in my living come launch day for sure.