According to the new Terms of Service Agreement (PDF File), those who continue to use PSN must essentially waive all rights to participate in new class action lawsuits against Sony and agree to resolve such matters on an individual basis only.
To quote: On September 15, 2011, Sony Network Entertainment America Inc. ("SNEA") will transfer its online services operations, including your wallet and the funds in it, to Sony Network Entertainment International LLC ("SNEI").
141w ago - SCEA has created a division dubbed Sony Network Entertainment America (SNEA) and as of April 1, 2011 (no April Fool's joke) PSN users will be prompted to agree with their new Terms of Service (TOS).
To quote from Examiner.com: "Starting on April 1st, SCEA will transfer their online service operations to Sony Network of America.
In this transaction, Sony will be transfering your PSN wallet information and funds to SNEA for handling. On or after April 1st, PSN users will have to agree to the new terms.
Those that decline the new terms may be declined service and PSN account will be closed.
Below, you'll find a short blurb of the new Terms of Service. Sony has also made a full version available online."
New SNEA PSN TOS from Qriocity.com, to quote in full: TERMS OF SERVICE AND USER AGREEMENT
Version 9 (April 1st, 2011)
PLEASE READ THIS ENTIRE AGREEMENT AND INDICATE WHETHER YOU AGREE TO ITS TERMS BY CLICKING THE "ACCEPT" OR "DO NOT ACCEPT" BUTTON AT THE END OF THE AGREEMENT. ACCESS TO THE PLAYSTATION¬®NETWORK ("PSN") AND QRIOCITY™ SERVICES ("QRIOCITY") (COLLECTIVELY, "SONY ONLINE...