Sony has announced that the PlayStation 3 needs more work and its release date has been delayed.  From the Associated Press:

Sony will put off the release of its much awaited PlayStation 3 console until November from its planned spring debut because more work is needed on its next-generation DVD technology, the company said Wednesday.

Since I'm not one of those people willing to stand in line for days just for a game console, it will be a while even after November that I will be able to purchase one.  It's disappointing news.