First of all, as far as I know, it would not be possible to file three national applications out of one PCT application. Filing divisionals always should occur during the national phase.
For Europe, James is right in that things have changed recently (per 1 April 2010) and not for the better (seen from an applicant's view

). At first, for Europe it depends whether the EPO has been the International Searching Authority or not. If so, it will have different consequences.
However, in both cases, you will at least have more than two years before you need to file divisional applications in Europe. Thus, if you are looking only at a 6 month's delay, there is no problem at all.