I'm a bit confused. Some people say that since we paid for the PS3 already, we should be able to do whatever we see fit. However, looking through the PS3 License Agreement at:
http://www.scei.co.jp/ps3-eula/ps3_eula_en.html
I don't see any mention about that. Besides, what we buy does not mean we own it because it a lot of cases, we only bought the right to use it which is the case here with the PS3. It even clearly states:
"You do not have any ownership rights or interests in the System Software. All intellectual property rights therein belong to SCE and its licensors, and all use or access to such System Software shall be subject to the terms of this Agreement and all applicable copyright and intellectual property laws. Except as expressly granted in this Agreement, SCE and its licensors reserve all rights, interests and remedies."
Sure we can shoot and burn the PS3 unit but anything related to hacking or disassembling is illegal according to the terms which is elaborated further in RESTRICTIONS of the agreement.
Anyways, I still think this is a stupid case since Sony is using a lot of money on this right now although at the same time I can still see that the money is not what Sony is going for. Well this is going to hurt the homebrew community which is going to suck.