Silverman assures that there are "definitely people working" on it (sea otters just weren't getting the job done) and that the PS3 version would benefit from the "the high-defness of Blu-Ray." Though his other comments seemed to imply a release as soon as December, EA confirmed to Eurogamer that there "are no plans for a PS3 release of Red Alert 3 anytime before Christmas." As for when exactly armchair generals can join Tim Curry, J.K. Simmons and the gang ... time will tell. Sooner or later, time will tell.
Source -- 'EA: PS3 Red Alert back on'
Source -- 'No Red Alert 3 PS3 this year'