PS3 is fucking dying in Japan, and in the US it isn't faring much better.
It's going to be interesting to see how well it sells in Europe, where it is going to be the most expensive of any of the territories. In the UK it is selling for 425 pounds, which is $840 at current exchange rates.
In the rest of Europe, it is going to sell for 599 euros which is about $777 at current exchange rates.
People are saying that initially 20 gig units won't even be available in Europe.