In a brief press release issued today, Sega formally announced that the PlayStation 2 port of Skies of Arcadia has been officially postponed. Sega also indicated that the port will not release anytime in the 2003 fiscal year, i.e. this year.
Skies of Arcadia for GameCube is still on schedule for this year. A US release date and additional details should be forthcoming in the near future.