Kaz Hirai has confirmed that the Dual Shock 3 will be released in Japan in November 2007 and in Europe and the US in early 2008.
This controller is identical to the original Sixaxis, except that it also includes vibration support. A lot of titles are already scheduled to use it, including MGS4, Burnout Paradise, Ratchet & Clank, Uncharted, Devil May Cry 4 and Echochrome. Nine titles are using it at TGS itself.
Pricing has yet to be announced. We'll have more soon.