More and more it seems that removing Linux support from PS3 was one of the worst moves of 2010.
Now that all the signing keys are leaked, I'll be interested to see how long it takes for universal installers to appear that work even on PS3s that don't support "OtherOS".
All a matter of perspective ;)
With the root key cracked and homebrew soon exploding I'm scheming a quality XBMC port to GameOS... sooner than never ;-)
If I'm going to go through all that trouble and cost, it makes more sense to buy a low-cost ION GPU HTPC ($300) that can just run the video (even HD) without transcoding.