Is it actually possible yet for people to develop homebrew with this? It makes the claim that its possible and I see no reason why that wont be true in the future but as far as I can tell there isn't any kind of homebrew SDK available yet.
$150 for piracy doesn't really seem worth it to me especially considering how much bandwidth would be needed to download games or how much money would still need to be spent on renting games to rip them myself. I might as well buy a 360, mod it, use it for cross platform stuff and just buy legit retail versions of PS3 exclusive
But I would definitely consider getting it for homebrew. I've been happily writing Wii homebrew games for a while now and I would love to be able to do the same with my PS3.