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Damnyouall said:
Geohot has reacted, opening post updated with his reply:
http://www.vgchartz.com/forum/thread.php?id=105461&page=1#1

Oh dear, perhaps its really not a good idea to give a hacker like Geohot a "mission".  Until this news he had no intention of continuing with any PS3 hack development, looks like they've just encouraged one of the best hackers out there to rejoin the battle. 

 

@Torillian - I think he summed up pretty much why he didn't think they'd bother reacting at all.  His hack doesn't really damage Sony in terms of sales as piracy is not possible and its only possible on a discontinued product.