Word is spreading that a new Terms of Service update for PSN is going to take place during a scheduled maintenance outage on Thursday, November 18th for PS3 owners in Europe, Africa, and Australia. The update is reported to be bringing the TOS for those customers up to the same standards that North American customers have been agreeing to since their last update in June of this year.
This means that with the current TOS, you are allowed access to the PSN even if your PS3 is modded any way you like!
Sony, creator of the PS3: "If you mess with our hardware, which you bought, then you are not allowed access to PSN ever!"
L33t haxor with totally modded PS3 which can now simulate any war scenario in existence while playing Gran Turismo 5: "... and how exactly is that a bad thing?"