Hey, the judge says the concession is that if you got a PS3 based on those features, then you waive your right to play new software or access the network. If you're futzing with OtherOS, then odds are you didn't buy your PS3 to do either of those things. Otherwise, you can accept the legally-binding EULA and waive your right to use OtherOS, and use it as, you know, a REGULAR PS3.
Sorry folks, nothing wrong here, no shenanigans. You don't get to have your cake and eat it too when it comes to IP law. You should have known about this when you opened the box and read the EULA; if you thought it was shenanigans then, you should have returned the system.