I think Sony gets it. Spreading the risk amongsts lots of smaller more niche titles. All it takes is one big hit to make it worth their while, and everybody is bound to get happy, because there's something for everyone's personal niche. It's similar to how the big movie studios consistently turn a profit. The business seems to be growing up.
A nice big blockbuster announcement would have been nice today though. Guess with fewer of those going around, these kinds of announcements are reserved for E3 (and maybe TGS for Japanese developers).