It's been rumored for a while, but it's finally going to happen.
N4G.com : PSM3: BioShock PS3 confirmed
ETA:
There's about 9 other sources in that link.From CVG: The next issue of UK PlayStation mag PSM3 promises a lengthy preview of the PS3 version along with a depth charge of screenshots.

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But first, I'll need to get my new hard drive. That's happening next week. The Orange Box needs at least 20 gigs, but that's the same size as the entirety of my current HDD...
