They shut it down due to (likely valid) concerns that it could potentially be leveraged to jailbreak the regular PS3 OS and/or run unlicensed commercial games.
The former being a fairly weak argument, and the latter I can't say I understand at all. Why would they care whether your software is licensed?
The former being a fairly weak argument, and the latter I can't say I understand at all. Why would they care whether your software is licensed?