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Start your engines: PS3's are in production

According to certain reports, Asustek Computer has started shipping PlayStation 3's back to Sony in small numbers as the manufacturing process is clearly underway. Two hundred thousand component sets were shipped to Asus in June and over one million are planned for September and October.

This means the hardware has finally been ironed out and that they're ready to get things started. Higher volumes are expected in the coming months, so it looks like their projected 2 million unit launch availability will happen after all. However, those units are going to be stretched thin over many a region, and if demand spikes then we could see a shortage before the end. But we'll cross that bridge when we come to it.