HERE'S A SUMMARY OF THE CAUSE FOR THIS PROBLEM --> DREAMGEAR LAVA GLOW CONTROLLERS
I purchased flashy, new, DreamGear Lava Glow Controllers at BJ's for my new PS3. They do not have the required SixAxis Control and when I got to the free fall in Ratchet & Clank where the problem occurred I lost control of the game. The controllers are marketed and sold as PS3 compatible which they are not in this case. So, they're going back to BJ's. Be aware as the controllers are quite stunning in appearance and the price at BJ's was very attractive for two wireless controllers.
Thanks one and all for the help!