Several companies are work on (or have shipped already) active DVI to DP/MDP converters. These are larger, active circuitry boxes that require a separate usb or a/c adaptor, are limited to single link hdmi/dvi (1920x1200) and typically cost $100-$200. Getting from HDMI to DVI is relatively simple, so in theory, with one of these you could run a PS3 or xbox360 or other HDMI/DVI source to a 27 inch iMac.
Given that previously, the only point of such an adaptor was to use a DVI mac with a 24 inch LED cinema the market was pretty small. I would imagine that the market for people who want to use the 27 inch iMac with their older/pc hardware and consoles is much larger. The result of this will almost certainly be more, better, and cheaper options for active DVI/HDMI to DP converters. Also it looks like the entire next generation of ATi cards includes either DP or MDP so the issue of needing to connect PC/older computer hardware should go away pretty soon.
Whether any console or blu-ray manufacturers will adopt this is another story. Given the apparent demand for mac blu-ray solutions I wouldn't be surprised if someone released a compact blu-ray player with native miniDP/HDMI output.