The court case between SCEA and George Hotz(GeoHot) has been going on for a while now, well it appears that both parties have come to an agreement, GeoHot consented to a permanent injunction (which means stay away permanently from the PS3 and PS3 hacking related activities). Here is a quote from the US PS3 Blog
Here is the original post:
[Updated] Settlement in SCEA vs George Hotz Case
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