Linked by Thom Holwerda on Tue 7th Sep 2010 21:52 UTC
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Member since:
2005-11-14
Sure, you own it. But Sony owns PSN, and they're free to limit its access to those running the latest firmware update.
Also, the article written by Thom fails to mention a couple of things:
1) The only homebrew application currently developed for the PS3 is the "Backup" Manager, written using Sony's leaked SDK;
2) Any and all apps built with Sony's SDK are unlicensed and therefore a copyright violation. It'd be like running a proprietary app linked against a GPL licensed library: not legal.