Then people will start importing like hell, the same way PSP was imported when Sony decided to make Europeans wait a whole year. Unless there are no PS3s around obviously, but if they have 6M units around before March (YEAH RIGHT.. but anyway) then there will be thousands flying over here.
And they won't like it cause they'll lose on exchange rate.
Yep, that's one of the options I am considering right now, as the exchange rates are pretty fancy for us Europeans at the moment.