IGDA Japan president says lack of key development tools have slowed game development for the system.
Shin predicted for Nikkei Net that, in terms of development environment, the PS3 will have tough competition against Microsoft's Xbox 360 and Nintendo's Revolution. Publishers will be receiving the final release of the PS3's development tool in June, which gives them less than half a year to prepare for the console's worldwide launch. On the other hand, the Xbox 360 is known for its convenient development environment that inherits many aspects of the original Xbox's.
Source: Gamespot