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I don't get some people's views here.  There is a difference between modding your own personal console for your own personal use and hacking the same console to find its decryption keys and then publishing them online for all to see.  While purchasing a console does give you ownership of the actual console, it in no way gives you the ownership of the tech or copyrights to that tech.  And it sure as heck doesn't give you the right to ruin others' gaming experiences.

And these hackers can say all they want about not supporting piracy or hacking online games, but that's to save their own asses.  They know exactly what's going to come of this once it's out.  That's why there is piracy right now happening, but where is all that awesome homebrew development?  I'll tell you.  It's was on PS3 Linux where it should be.  Well, that is until some hackers didn't appreciate the platform and access that Sony gave them and wanted to open the PS3 completely.  Now think about this, if Sony already gave them the ability to run Linux and homebrew apps/games, what's the point of hacking the system completely.  The only reason I can think of is piracy.