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Wright said:

But how can stores know that you've deactivated the DRM from your console when going to sell your used games? Worse yet, what if people start purchasing used games and they can't play them because someone else has them online locked with DRM?

Waaaay ahead of ya, Wrighty Boy!  They could just pop the disc into the console they have behind the counter or search the serial number via some sort of database.  It'll say "The content of the disc is locked" or something.

Boo yah!

*edit*  Also, specific stores could have the option of disabling the lock.  If, for example, you sell your copy of Call of Duty that's swell.  But if you connect your console to the internet, your game expires like a Playstation Plus game with no Plus!