Epic's ability to create games of AAA quality is unrivaled, making them a perfect partner for Streamline Studios digital content service. Unreal Tournament 3 will be the fifth next-generation that epic has worked in this generation.
Today a rumor has started that the much anticipated game which was previously announced on the Xbox360 and PC and later on the ps3 will be a timed exclusive on the ps3. More Details shall be unraveled at E3 this year.
"But just time-exclusive.
More info @E3 07.
Source: an old retailer, but his name will remain secret (hi Richard).
Thanks Orobi from Gaf"
http://www.gametrailers.com/bonusround.php?ep=6&pt=1 part 1 about Xbox live
http://www.gametrailers.com/bonusround.php?ep=6&pt=2 part 2 about PSN network
Geoff Keighley basically confirmed this last week. According to him it is because Sony is allowing user created mods, and Microsoft thinks it could be used to undermine their Xbox Live service. He says PC and PS3 versions release at the same time, and the 360 is coming sometime later after they sort out some issues.