Trouble for Sony?

Do you think Sony will get the PS3 out by "Spring 2006"? No one has really seen or heard anything from Sony since E3 last May. Could Sony really be in that much trouble, or could they be trying to keep quiet so as not to give the competition any sort of advantage? I think it is likely going to be a Holiday 2006 launch window.
There have been some rumors of problems in PS3 land, and when Sony displays a PS3 at the Consumer Electronics Show last week with a label calling it a conceptual design, it makes one wonder how far from getting the system out they really are.

Here is an interesting article after several Investment analysts put their 2 cents in on launch date and the high cost of PS3.

Is blue ray worth an extra $100 over the already expensive Xbox 360? Me thinks probably not especially if they continue to have the Blue Ray vs. HD-DVD battle. Who wants to end up with a Betamax? Beta was Sony's last battle, and it lost to VHS. Damn you Sony, we too got stuck with one at my house growing up.