Comment Another article on the story. (Score 2, Informative) 89
Massively has run another wrap-up article on the announcement:
http://www.massively.com/2009/08/18/ccp-games-reveals-new-eve-online-console-mmo-dust-514/
Details on how exactly this will impact 0.0 soverignty are scarce and as usually happens with the EVE forum when big announcements occur, people are assuming the worst. It's an ambitious plan that has the potential to extend EVE into the console market but there's a lot that could go wrong with it. If past experience is anything to go by though, CCP are certainly capable of doing the "impossible".