I'm sorry if this is a big surprise to some people, Cell is powerful and complicated I'm sure the necessary compiler is even more so complicated. Sony will never catch Microsoft in the development tools category, they are constantly releasing innovative development tools and updates. No one else even comes close to providing a tool like Visual Studio.NET\Live for any development.(Java has some cool stuff though)
Now the part about PS3 launch games not looking as good as 360 games THAT is a little surprising, I’m assuming he is comparing 2nd gen 360 games to PS3 launch games.