Multiple Versions of the Playstation 3 Unlikely
According to Gamesindustry.biz, Sony Europe’s Phil Harrison told audiences at GDCE that multiple versions of the Playstation 3 would be “unlikely” and would “confusing”. Harrison was quick to point out that these statement and others were his “personal view” and not an official Sony decision or release, but they do help set the differences in opinions between the console manufacturers for the next-generation.
Sony has historically launched a bare minimum console with single controller and then offer a range of accessories to be purchased separately. We will all have to wait to see how Sony bundles its hardware for the PS3.

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I think it would be very smart of Sony NOT to release multiple versions. Granted the 360 will probably see more unit sales initially, but I think it will hurt them more in the end. Sony has always been smart about releasing what the consumer wants at a price they can afford. Many people I know would rather buy the extras individually than have to purchase either all or nothing.