Quite frankly I don't see what makes the current generations of consoles so special. Hacking has been around since the beginning of time. I was like 6 years old when I first heard of a game genie.
Regarding pirating, every industry has had to deal with piracy since before I was born. Only then, it was called bootleg copies and people bought them unknowingly, not downloading willingly.
Quite frankly, my video game system is for my enjoyment. If I want to emulate and upscale PS2 games I own, or see what this hardware is capable of, who is sony to deny me? They're free to discourage it but I'm sick of companies parading around like they own my property. Taking away OtherOS? I don't use that crap, I don't pirate. But it pisses me the hell off that just because weaknesses their own software were exposed, that it's the hacker's fault.
What frustrates me is that 99% of video games today are garbage. Total. Utter. Garbage. They keep putting out garbage, and then they tell me it's piracy's fault no one is buying it. Puh lease. If people want to buy games, they buy the games out of their own concious. Counterstrike is one of the most pirated games ever... and it just so happens to be one of the best sellers of all time. The PS1 era involved every other system of people I knew being soldered to a modchip and yet final fantasy VII must have sold a copy for every PS1 - to people that had bootleg copies even!
Instead of being so worried about piracy how about sony stop giving a crap about what the homebrew community is doing and worrying about putting out crap I want to play.
Blame geohot all you want. If not him, it would have been someone else, 10 years after the death of the system when no one would have cared. I applaud him for reverse engineering a device as complex as the PS3... this is a genius at work. Is he a victim? Of course not. But nothing he did is some huge corporate crime. He's not selling bootleg videogames on modified consoles. Did he open things up for it? Sure. XBOX, PC, and Wii have been open to that sort of thing for a while now, and last I checked, they're doing fine.