PS3 cracked... and what pain can it cause?

Image via Wikipedia

I feel this is a big enough issue to get inspired to write a little something again.

Recently, the PS3 has been hijacked by said digital tinkerer GeoHot and he decided to post the PS3 master root key on the interwebs...

GamesRadar.com
Hacker Claims To Have The PS3's Front Door Keys [Hacking] (kotaku.com)

Enter hacker-heaven!

Sure, most every single console has been cracked before but it's not about the downfall of the industry or sales that I'm worried about, those never have a problem, it's where developers and publishers time is being spent making people like me happy.