[quote name='darknight88']
I dont want for all of you to sign under me just so that only the first 10 get their codes and the rest keep waiting till its too late. So please sign up under other users from now on so that you and the other person have a chance to get their PSN credit.[/QUOTE]
If I read the terms right, the 10 limit is only for the bonus _you_ get. anyone using your referral code after that still gets the $20, but you stop getting any bonus. However, the more people referred under you gives you a better chance at winning the grand prize (1 million sony points). So, I wouldn't worry about it so much. :/
I'm thinking most people are pending while they verify the serials.. I would assume at least a 2 week wait at the fastest for the $20 code. (since you can put a garbage serial in there and it'll "pass" ) I imagine we're at the mercy of outsourced indians working sony support.
from sony (in this case "contestant" is darknight, "referred PS Vita purchaser" are dudes using his referral code):
Each Contestant will earn a $20 PlayStation®Network gift card and 1,000 Points (collectively a “Bonus Reward”) for each of such Contestant’s first ten (10) Referred PS Vita Purchasers. LIMIT: Ten (10) Bonus Rewards per Contestant. In order for a Contestant to receive the 1,000 Points, such Contestant must be (or become) a Sony Rewards member by registering at the Sony Rewards Website. In addition, for each Contestant, each Referred PS Vita Purchaser will also receive a twenty dollar ($20) PlayStation®Network gift card.