It looks like the February 20 release date for The Sims 3 is definitely not going to happen. EA has announced that the game has been delayed until June 2, so you'll be starting your third virtual life over three months later than anticipated. While the game will also be released on PC, Mac, iPhone, iPod Touch and mobiles, the press release only mentions a release date for the PC version.
If you expect this to prevent the game from selling scary amounts, you're dreaming. No doubt we'll be hearing a lot more of this game in the run up to June. In the meantime, why not rediscover your love for the series and set a family on fire in The Sims 2. That's the point of the game, right?