Even if PSN didn't collect any financial information a breach of usernames and passwords is a big deal. As the Gawker hack has shown us, people tend to use the

Even if PSN didn't collect any financial information a breach of usernames and passwords is a big deal. As the Gawker hack has shown us, people tend to use the same usernames and passwords across many different websites. You can argue that this is the user's fault, but it doesn't matter. They'll still blame you when their bank account gets hacked. In this case, though, there are indications that financial data was disclosed. PSN (just like Steam and XBox Live) collects financial data to allow for online game purchases. Disclosure of that information is quite a serious matter. Yeah, the "kids" playing might not care about their PSN account, but the parents who enter credit card information to buy their kids games sure will. A poorly made argument does not automatically render the conclusion false.