Console banned. Account banned.
Don't really care about the console, but the account ban does sting because I have a lot of undownloaded digital content that is gone forever.
I have 167 games downloaded on my hard drive, booted up 2 of them and they both played fine. Luckily they're mostly all the ones I haven't played yet, so that is good. I'm a little bit scared to go over the list of my digital casualties though.
Only had about $13 on my account so not too big of a loss there. Had about a year of Gold left from the Bing 1-month codes that redeemed for a full year. So luckily I didn't have any money sunk in there.
Now is the decision to keep using my 360 as an offline console and play through my 360 backlog, or just clear everything out and stick with Sony for the future.