We reported recently about Sony's lawsuit against George "GeoHot" Hotz, a hacker who found a way around the PS3's security features (see our previous post) to "jailbreak" the consoles. It looked like this was going to be a drawn-out legal fight. However, Sony has just announced that it's reached a settlement with Hotz.
As part of the settlement, Hotz has agreed to a permanent injunction against publishing information about how to bypass the PS3's security features. Sony had previously obtained a preliminary injunction in this regard.
Both parties appear pleased to have this episode behind them.