The man who Sony accused of cracking PlayStation 3 security, hacker George "Geohot" Hotz, has reached a settlement with Sony Computer Entertainment America.  SCEA has issued a statement, where they mention that Hotz has "consented to a permanent injunction" regarding the information published by Hotz.

While there has yet to be more details available regarding the settlement, the little there is to go on suggests Hotz has essentially won the case; so long as he refrains from posting information, most of which has already been reproduced elsewhere on the internet, then he's good to go. Sony wins as well in that they do not have to go to court and chance a long and possibly nasty trial against someone who is still a customer of theirs.