I hate hackers so much, and pirates second
I with you. The part of this that bothers me the most isn't even the piracy angle, it's the security angle. Piracy is going to happen, and if anything, the PS3 is in a better position than the Wii or 360 still, given that game sizes tend to be prohibitive when it comes to downloading them. Regardless tho, people pirate the crap out of 360 titles and they still have great sales on big titles, and even on the Wii, 1st party Nintendo titles still sell really well.
If you have a credit card stored on PSN for purchases, you might want to pull it ASAP, this puts hacking PSN for personal user information at arm's reach. It also opens the door for hacked copies of online MP games that could be used to cheat and manipulate leaderboards. I don't play online MP much at all, but I do enjoy the leaderboards in games like PacMan CE DX, and I'd hate to see those screwed up because of this.
A lot of people seem to be blowing this off, or rejoicing in their new found ability to, let's be honest, play games for free on the PS3. Whatever, people who pirate games are the same people who, if they found a wallet in a church with a $10 bill in it would take the $10 and throw away the wallet instead of turning it in. Those types of people will justify anything to themselves, and apparently they all fit into the .0001% of PS3 owners that will actually do anything with homebrew other than install it to back up rental copies of Black Ops to their PS3. It's pretty pathetic to see people say things like "Well, maybe it's finally time to pick up a PS3!" just because the ability to steal is on the horizon.
Those people disgust me.