I think it's interesting that people would WANT to go online on a machine that is running anonymous hacker-generated code. WTF?
I mean how many of you people interested in running this code and still going online with the same machine are actually going to be able to check the code of every program you are installing to absolutely know there's nothing malicious in there? Not many, I'd bet. And it's not like there's an anti-virus/spyware suite out there to give you any reasonable peace of mind either.
You just trust a group of anonymous guys on the internet that they won't slip in some program that runs some code in the background to sniff your PSN information, which is often tied to a credit card number, or your messages and friends lists? Aren't you worried about safeguarding your privacy and your PSNetwork identity?
I am.
If I'm going to leave the safe streets of Sony's approved code and network, and go walk around in the scary neighborhood of hacked code, I'm leaving my wallet at home.