Ok, so far all I have seen is third hand speculation of a supposed memo to ask for POP. No one has said they know of a memo, or that a memo has gone out. So right now that's all just FUD. There is no memo. There is no spoon.
Secondly, I tested the waters tonight. Used the $5 off coupon to get another Dualshock 3 controller for my PS3. $49.99. No problem. No mention or request for POP, no mention of any memo. Simple, easy.
Not too bad considering the $50-55 I used to pay for it was from the $10 min TIV deals tonight alone. I used a bunch of copies of NHL2K7, All Pro Football 2K8, Viva Pinata. Etc. So it really only cost me about $20-25 (all in) for a brand spankin new DS3 controller. Pretty sweet if you ask me.
Also the first BBV I hit said they wouldn't accept anymore All pro Football 2k8 (still took NHL2k7 lolz.. go figure) and said no as well to lost planet or viva pinata. All YMMV.
But of course, a quick jaunt down to the next closest BBV and they accepted the rejects no problem, putting that credit right onto my trading card. Thanks OP.