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I highly doubt this will combat used game sales as much as Sony thinks it will. What will they do if a particular game doesn't support online? Also, someone could hack the code system and start passing out ramdom codes.

On the flip side, this looks like the start of a DRM heavy era in gaming. I wouldn't be surprised if Sony took it further, and made tied to each PS3/user. I know that they want to combat used games, but they can't think of another way?