That sucks. While I have only played WiC for the PC, I'm sure there's going to be some disappointed folks who were waiting for a good game like this to head their way.
Ubisoft has informed IGN that it has no plans to release World in Conflict: Soviet Assault to any console platform this month or anytime in the future. The PC version remains unaffected and will see a release later this month.
Soviet Assault's Xbox 360 and PS3 cancellation may be surprising for some, but for us, we questioned the project's console plans as of late. After the big Vivendi / Activision merger, Massive Entertainment's recent history and Soviet Assault's early delay, we knew something was up. Video game journalists just know these things. We call it "game-cancellation-intuition."