As far as I have seen the leaked release said that it was dumped using a devkit unit, it never said that the game was DRM free in the first place, it could also mean people can strip a retail version from it's DRM using a devkit unit...
Yeah, all of the pessimists are coming out of the woodwork screaming "It's DRM-less!" and "It's just a devkit rip!". GovanifY, the guy who dumped the game(?) said himself that in the near future decryption of eboot.bins may be possible. Get hype, I guess.
I'm not instilling my trust in anyone, rather I am holding out for the chance backup loading (which IS a possibility at this point) instead of outright denying any chance of it occurring in the near future.
While I know you mean in case of someone confusing schooling establishment from shooting establishment (many of the same letters) I am still going to read that as lockdown (also known as lock in) for a pub
being drunk in school was either because drunk on playing field or could not be arsed with one particular Thursday afternoon so went and had some beers and played some games instead before returning for an ill advised last lesson/period