I'd have to classify this as some bad news for PS3:
-NBA Live 07 once thought to be a launch game (though never made the official launch list of 21) has been completely cancelled.
-Oblivion expected to be a launch game has been pushed back to first quarter. Issues in developing games for the PS3 may be the reason. Not a good sign if Sony wants to maintain 3rd party developer support...especially for smaller companies.
-F.E.A.R. a well reviewed PC shooter last year that made its way to the 360 in recent weeks is thought to have been pushed back to atleast February.
-Sonic the Hedgehog is also expected to be pushed back to somteime 2007.
So that appears to be 3 of the 21 launch games that won't make the launch (i.e. before the end of the year).
http://www.gamespot.com/news/6161417.html