Yes millions are waiting and then there are the people who are buying Wii and 360. Developers aren't going to wait they are going to dev for the system with the most install base. People can wait all they want they are only hurting Sony's chances of winning that much more. Its not like Sony's 1st Party is going to carry the PS3 like Nintendo 1st Party carries Nintendo.Blackbond
oh if thats the case devs should make games on ps2
dont underestimate sony first party titles
Total sales for Sony 1'st and 2'nd party games which broke the 1mill barrier:
http://www.vgcharts.org/worldtotals.php?name=&console=PS2&publisher=Sony&sort=Total
65.4mill units sold
almost all these top selling games are in development and we didnt even add new franchises 
Total sales for all xBox games managing to break the 1mill barrier:
http://www.vgchartz.com/worldtotals.php?name=&console=XB&publisher=Microsoft&sort=Total
65.3mill units sold
Total sales for all Nintendo games managing to break the 1mill barrier:
http://www.vgcharts.org/worldtotals.php?name=&console=GC&publisher=&sort=Total
75.5mill units sold
54.0mill of these are Nintendo 1'st and 2'nd party titles
the PS2 1'st and 2'nd party titles alone were able to compete with the other consoles last gen in total sales. And we know that Sony has been expanding the games division in the move to PS3 by buying up 2'nd party studios and making contracts with new 2'nd party studios.
And do we compare total sales of PS2 games selling more than 1mill units:
http://www.vgcharts.org/worldtotals.php?name=&console=PS2&publisher=&sort=Total
448.9mill units sold
Then for every ~6.86 PS2 game sold one of them was a Sony 1'st/2'nd party title.
sony could kill the xbox360 with their 1st/2nd party games alone.!.!.! 
now lets add some 3rd party triple AAA exclusives
MGS
ZOE
TEKKEN
FF13
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