Sony Settles PS3 Jailbreaking Lawsuit Against Geohot

Sony has been getting widely slammed across the gaming and tech press for its bizarre and self-destructive lawsuit against George Hotz (Geohot), for jailbreaking the PS3 in order to re-enable a feature that Sony had long-advertised, but then deleted off of people's existing PS3s. The entire lawsuit made little sense, and Sony's quixotic attempt to continue to pursue it just got more and more bizarre, with the company even seeking and gaining access to the IP addresses of people visiting his website or watching the YouTube video he put up. However, it appears that the two sides have now settled their lawsuit, with Geohot agreeing to an injunction of some sort that apparently bars him from helping make PS3s more valuable in the future. Congrats, Sony, you've made your gaming devices less valuable. Quite a legal "victory" there...

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