No matter how powerful your console is, it is useless without games to play on it. Thus, it is interesting to see the direction that many Japanese developers are taking towards console game creation. It seems that many devs are shifting from a focus on the PS3 to a focus on the Wii. Given that Nintendo is planning on releasing 45 more titles before the second half of this year, they likely are scrambling for developers in the first place. Given Sony's more long-term approach to consoles, they don't seem to be worried about this shift:

However, the article also cites Sony Computer Entertainment America president and CEO Jack Tretton as saying, "We didn't get into PS3 for the first six months of 2007 --- we're into this for the next 10 years and beyond. A million units one way or another at this point isn't going to worry us."
However, for any Wii user, it is good news - more games means more choice. However, the early stage of console sales is still not favoring Sony as the article mentions. If development halts altogether, there will be very little incentive to buy the console at all - minus its other features, such as Blu-ray. Their saving grace may be console-specific titles. If game publishers follow the dollars, though, it still looks bad for them.