JDKJ said:
Of the two statements: "Online Pass cannot be redeemed because of Online Pass" and "Online Pass cannot be redeemed because PSN Store is off-line," the latter is true and the former is false.
But I agree with you there. Online pass cannot be redeemed because the PSN store is offline. However, that's a built-in problem with the Online Pass system, so it doesn't get an all-clear because of it. It's not comparable to your Xbox Live example, as Xbox Live is added value and features, it's not just an added barrier to play.
If they didn't tie the original consumers online play to an Online Pass, then this wouldn't be an issue, would it?
You can make the argument that the Online Pass system is justified to protect them from second hand sales, but to say that the system hasn't caused problems for legitimate purchasers of the original product is absurd.