Andy and I have talked about this at length. I guess we know which console system got hacked first. Sadly this news does not surprise me in the least. Strait from Sony:
We have found out that there has been a possibility of unauthorized access to personal information on the PLAYSTATION®Store through PCs, a content download service of the PLAYSTATION®Network. Although unlikely, it is possible that the passwords of a small percentage of PLAYSTATION Network users may have been changed through unauthorized access, making it possible to view users' personal information and/or use the Wallet for the PLAYSTATION Store. PLAYSTATION Network accounts do not display entire credit card numbers, so any unauthorized access to your PLAYSTATION Network account is very unlikely to compromise your credit card number.
We have taken immediate measures to rectify this issue and system security is restored.
We have investigated the extent of unauthorized access and possible alteration of passwords that could have occurred before corrective measures were taken, and are directly contacting customers who may have been affected by this incident. In order to verify that your account is intact, we strongly suggest that PLAYSTATION Network users sign in to the service. If you can successfully sign in with your pre-set password, your account is not affected by this incident.
Please follow Sony's advice and see if you can login to your PSN account. And once you are there, for god's sake, change your password.