modchips legal in eu?

this is kind of cross posted with the console forum but not quite ;)

following an eec ruling on the enforced high prices of videogames by means of a region code to prevent imports it now appears that the use of a modification to bypass theis lock out is perfectly legal. not only on consoles but also on dvd players and movies too.

expect a lot of test cases going through the courts in an attempt to drag this out.
 
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