It's been a long time coming and those of us who aren't importing still have a while to wait, but the PlayStation 3 has just launched in Japan. As reported by The Age:
Supply is limited as Sony Corp., plagued with production problems, has managed to ready only 100,000 PlayStation 3 machines for the Japan launch date. When it goes on sale in the United States Nov. 17, some 400,000 PS3 consoles will be available. The sales date has been pushed back in Europe until March.
You can read the full report over at their homepage.