Rumor: PS3 actually too expensive to develop for?

JoeHonkie wrote:

Apparently at least one developer is cancelling the PS3 version of their upcoming multiplatform game. Track7Games has been forced to pull the PS3 port of Theseis because of the costs associated with developing for that system.

PS3 game cancelled because of development cost? (Joystiq)

Editors Note: I hate on the PS3 as much as the next guy because they are making it so easy to do, but I think it will hurt the industry as a whole if a lot of the smaller developers have to pull the plug on games due to high development costs. I like this 3 way battle we have going in our industry and I really hope Sony gets it together.

http://www.snackbar-games.com/n1836.html