It seems like Sony and consequently the PS3 may be well and truly screwed now that it's encryption keys have been leaked.
For those who don't understand the implications of this, now that these keys are publicly available any piece of code whether it be official software or a homebrew app can be run without the need to modify the console in any way.
It will also be extremely difficult or even impossible for Sony to detect and ban anyone doing this and equally as difficult to patch the system to "close the hole".
Obviously piracy will now be a major problem as it is now possible to just burn a signed iso of a game and have it play just like an original disc.
The other problem, and my own personal biggest concern is the inevitable flood of dirty cheating bastards on the online titles.
It makes me very sad to think that playstation's online games could end up similar to the likes of Mario Kart Wii, a game that I used to enjoy playing but gave up on after every race had some twunt with infinite blue shells ruining it for everyone else.
Just when the PS3 finally looked like it was hitting its stride something like this happens, I really hope that the selfish actions of a few cheating, stealing scumbags won't ruin what was looking like an amazing year for PS3 gamers.