581
I could make a great PC for that...
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The primary reason was that sony wanted to take advantage of lower import taxes in the EU by classifying it as a general-purpose computer. Thats why they also abandoned OtherOS after the EU ruled that the PS3 was not a computer but a game console.
Yup, that was something Sony was already doing back with the PS2, you could have Linux for PS2
They don't have it for the same reason Sony later removed it from the PS3: letting users run arbitrary code on your console provides a massive attack surface for piracy and jailbreaking exploits.