Does PS3 have games like bowling, golf, target shooting, car racing, flying planes, archery, football, etc. ?

Thanks in advance for your help

yes.

car racing: Forumla one CE, motorstorm,
flying planes, - 1 coming out very soon,
football - Fifa 08, Pro Evoultion Soccer 8
golf - Tiger Woods PGA 08
target shooting - COD4, and some more

dont kno about bowling/archery yet,

i might be missing some as i havent seen alot ov games out yet

That's right, the PS3 has all of the above. Also worth mentioning is that the PS3 has what is called the "Playstation Store". By connecting your PS3 to the internet, you can purchase games from there as well. There is a bowling game going to be released within the next few weeks on the Playstation store, and you will be able to "Swing" your remote to bowl. That should be fun .

There are games of every genre you mentioned on the Playstation store as well, for you to purchase and download.

The only exception is Archery. I love archery as much as you, but as far as I know, there are no Playstation 3 games as of yet that have archery in them (Aside from "Heavenly Sword" which features a crossbow at some points). Heavenly Sword does have some target shooting as well, but I haven't gotten far enough into the game to say exactly how much.

Hope that helps.