Terraria was targeting a late February or early March release on Xbox 360 and PS3. It looks like it'll be the latter at best now, according to publisher 505 Games.
"Our aim is to launch both [versions in] March," a 505 Games representative told Joystiq.
If you've been twitchin' for some console-based shovelin', you'll probably have to wait just a bit longer than expected. In the meantime, you can dig in to our recent hands-on preview.