So when you bought a physical copy of DOS 3.0 or Windows 3.1, you effective own DOS or Windows? My god man, you should assert your rights and claim your billions!
I see I'm being downvoted because HN is becoming more like reddit in terms of discussion and debate.
To make my point clearer: You can own a physical device, but the software (IP) on that device is not your property. Is anyone familiar with court cases that might set a precedent if the root key is considered a software feature or a hardware feature? My bet is Sony is claiming it to be a software feature, and thus, not part of the property you purchase when you buy a PS3.
You're being downvoted because your comment was snarky and seemed disingenuous. Nobody's saying that buying a copy of a piece of software grants you the copyright to that software (rather than ownership of that copy of the software), and a copyright is very obviously not analogous to a PC.
Is it? I buy a PC loaded with Windows. I own the hardware. I have a license to windows.
I buy a PS3. It is a computer loaded up with a OS to which I have a license. I can do what I want with the hardware, but the software isn't mine. An encryption key (in my mind) is a software component.