This isn't anything new, right? We had heard about new Katamari games for the 360, PS3 and Wii a while back.
The only difference, is that the original rumor was the 360 version of Katamari would be for XBLA and not on a DVD.
Website Orange Lounge Radio has a pretty good track record with reporting rumors that usually turn out to be right on target. Their newest addition to the rumor mill is that Namco has announced to retailers that a new Katamari game, entitled Beautiful Katamari, will be arriving on all three next gen consoles this fall. They even go so far as to list release dates and prices. According to their source, the Xbox 360 and PS3 versions will hit on October 17th at $39.99 followed swiftly by the Wii version on November 14th for a slightly cheaper $29.99. Their source is listed as a "someone who works in video game distribution" and if you doubt their word, they have put together a little FAQ explaining exactly why you should believe them, including this post on Xboxic which seems to corroborate the story.
I wouldn't mind seeing some SIXAXIS functionality in the PS3 version, as it was always hillarious to watch my wife "swerve" all over the place with dual shock on the previous two PS2 titles.