I guess the younger generation grew up with unmoddable consoles, so the concept is less known nowadays. The older audience immediately knows that it's for. You can run free homebrew apps, games, and if you really wanted, with a little more code, run pirated copies of retail games, and cheats. If you had a PS1 or Xbox, you got it modchipped by some classmate, everyone did in the 2000s, it was rampant, at least at my school. I still remember bunnie, who was famous online for first hacking the xbox. Hardmods required some soldering, Softmods just required a particular game and flashdrive. This new one just requires a memory card. They didn't fully softmod it for legal reasons but they did the hard part. Since it's such an old console, it's really just a novelty that they found another method.