[quote name='Kanik']Any groups with an opening or any groups starting? I don't have any PSN games yet...but I've got money.

[/quote]
Keep checking this thread. There haven't been any new groups of people sharing in a while. The tendancy has been to just do a one time group for certain games. There are 2 gameshare groups going right now and both are maxed out. There are also 2 rockband groups going but one of those does have an opening ....
[quote name='happy']Are games acquired through sharing fully functional? for example can two people from the group play online at the same time?
If so, I would be interested in doing this with any other new (or old) PS3 owners out there (I assume there are a lot of us).[/quote]
Games are fully functional and working, even online modes.
[quote name='LinkinPrime']Question to those who have GameShared:
Can you buy content with your previously gameshared account and share it to 4 new users. I know that they won't have access to the previously shared/maxed out content but just wondering if I can re-use one account to do all this.
If so, I can start with one game at a time and go from there. [/quote]
Not sure what you mean. If you share your account with 4 people, then that account is maxed out. You can give the account details to someone else but they won't be able to access it. Furthermore the original 4 will always have access to stuff you buy (change your account password to block this). To share with new people you need to create a new user.