I think we are all a bit impatient.
Understand that the console called PS3 has been released by Sony and not any 3rd right electronics company. Sony would have certainly seen it's future before releasing it. Otherwise, why do you think, they took all the trouble of pre-launch were they were plagued with monetery issues decide to release the PS3?
You should also remeber that PS2 just kept getting better and you have to agree that games that were released a few months back for PS2 are far more impressive and superior than the one that were released along with the release of PS2. The point is, only the latter games were able to utilize the full potential of the PS2 hardware.
Thing is (they say) most games will be ported to Xbox 360 as well as PS3, so the game developers are not going to go through the trouble of making any more changes to the games architecture so that the PS3 fully utilises it. Both platforms will look the same so what's the point of the extra power? However, I would buy a PS3 for its blu-ray capability...but then again..
You must remember that Sony has its own game development section which has time and again created jawdropping games which has been able to show the true power of their consoles. So, even if other game developers are not going to go through the trouble to making architecture changes (which I don't agree with and which they will), then Sony will themselves create games for their console!
We must understand that PS3 comes from the very 2 legendary consoles PS1 and PS2 and will continue the same legacy! A lot of history and hands on gaming experience with both PS1&PS2 will help us understand the true value and potential that Sony's consoles have.
Microsoft has taken the easy way into the market by using existing system hardware to create their consoles rather than coming up with new innovations. We must understand that the first XBox was nothing more than a compactly packed PentiumIII. And not much innovation is there is the new XBox360 either which uses normal processors which again limits the capability of games. I respect and appreciate for what the XBox360 is. But one thing it can't become is the PS3.
XBox360 as mentioned earlier, due to the use of existing hardware is limiting game developers to dream big and not giving us the true meaning of imaginative creativity! PS3 on the other hand has opened up a whole new world for game developers to explore for the coming years where it's going to take gaming to a whole new level. No wonder the XBox has been plagued with hardware issues, as it's nothing more than an assembled PC. The PS3 on the other hand is a product of 7-10 years of reasearch and development, and it is laymans nature to poke fun at such a marvel of machine!
It is just too early for all of us to lambent at the PS3, when there haven't even been enough titles released for it so far. I'm sure, Sony has it's plan up it's sleeves and will put it out at the right time. Because they have proven themselves in this matter of reliability and passion!
I can bet on one thing! Within the next 2-3 years, Sony is going to gain back it's lost ground in terms of sales with XBox360 and will regain it's credibility as the ultimate gaming console!