Soundman,
Over the the holidays, I ripped about 100 CDs onto my PS3 and got a similar error message on two track on one disc. So, maybe the PS3 has some issues with this, but it's not a high percentage, in my experience.
You didn't mention if the sound quality of the PS3 is satisfactory to you, but some of the replies to your post mention that. If that's an issue for you, you could experiment with the set-up of the PS3; e.g., change the output from LPCM to bitstream, or vice versa, or the output frequency from 48kHZ to 44.1/88.2/176.4, to see if that makes a difference.
Best of luck,
Paul