Sony and Geohot have made a deal in which Sony will drop the lawsuit if he promises that he will never hack the ps3 again. From the official Sony blog
Both parties expressed satisfaction that litigation had been quickly resolved. “Sony is glad to put this litigation behind us,” said Riley Russell, General Counsel for SCEA. “Our motivation for bringing this litigation was to protect our intellectual property and our consumers. We believe this settlement and the permanent injunction achieve this goal.”
“It was never my intention to cause any users trouble or to make piracy easier,” said Hotz, “I’m happy to have the litigation behind me.” Hotz was not involved in the recent attacks on Sony’s internet services and websites.
Fortunately for Sony, no other people on the planet are interested in PlayStation 3 hacking, so this should be the end of it. promoted/edited forum item