PlayStation 3 lvl0 encryption keys released!

Well, this info has been floating around game sites and Sony is probably in panic mode. With the lvl0 keys released, all PS3s on the market have just become fair game. What does this mean? We're talking PSP level hacking here. Custom firmwares, hacks, homebrew apps, and what Sony fears, piracy. Granted, Sony may be able to detect and block systems from PSN, but it may be impossible to block custom firmware.

What do you guys think? Is this a win for the little guy or going a bit too far?

I will admit thatI have a hacked PSP, but own every game that I have on it. I see the potential awesomeness, but the downside as well.

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