PS3 Lag

I encounter severe lag when playing the game. This is obviously compounded when more players are in the same area and or immediate vicinity.

In doing a large amount of internet research on the topic it appears this is specific to the PS3 for a large number of people. My internet speed runs all other multiplayer games with any issues and FF14 is the only game I have ever encountered these issues.

My thoughts are that this game simply wasn't created to run on the PS3 in a way that the PS3 is able to handle the graphics. None of my friends on PC are having any issues at all. As it currently stands, the game can be unplayable in some circumstances. I can walk into a zone and it may take up to 30-45 seconds for NPCs and monsters to even appear. I enter FATES and can see players but not monsters - sometimes I can't see anything at all.

Is SE aware of these issues. Is SE doing anything to resolve them or is there even anything that can be done on the PS3 platform to address since the system is simply limited in its hardware?

It is also frustrating the in game play already looks worse than most PS2 games but if I can't even play the game properly it makes this product virtually unusable on the platform.