Haha, yeah. It's also not very intelligent to dump a budding next-gen format that hasn't been matured into your next console either.
Now because of problems with the Blu-Ray drive's laser eye diode, Sony is forced to delay launch in Europe to March 2007 and they'll only have 100,000 units in Japan and 400,000 units in North America. Of those 500,000 units, 80% are the 60GB variants which means those who want the 20GB (now that HDMI is standard) are hard pressed to find one at launch.
It's funny seeing a company so arrogantly overhype their product, only to see them trip on their pants due to unforseen complications.
Haha, Sony's arrogance is somewhat like Grand Moff Tarkin standing confidently at the bridge of the Death Star right before it blows up.