CVG recently got its hands on Europe's PlayTV digital recorder, and wrote an in-depth review of the PS3 peripheral. Amid the glowing response is this little nugget:

Or, brilliantly, you can export videos to your PS3's XMB menu as MPEG-4 video (despite rumours suggesting the feature had been removed). From there you can use it like a normal file - watch it on your PS3, put it on PC, transfer it to your PSP... whatever you like.

You can access PlayTV from your PSP via Remote Play, too, allowing you to watch live TV or stored videos through your portable.

Is it possible that Sony, the team that stealthily slipped its digital rights management software onto so many PCs to protect music copyright, is now allowing people to freely record and distribute video? Perhaps it would make more sense if Sony wasn't itself a major video distributor...

Crazy.

Links:
CVG review
Via Wonderlandblog