There is no EULA and I would not recognize any EULA if there was one. EULA's on my property are null on inception. This reader is hardware and my property. Period
NOW EULA's on software I DO recognize but ONLY in relation to IPR not PPR (IPR is Intellectual Property Right while PPR is Personal Property Rights)
IE I own this reader and I OWN the software on it Lock stock and bond for my own personal use.
EULA's do not apply as far as I am concerned until its NON personal IE I decide to sell it or release something to the public etc..
As for hacking. It simply means you can't use the sony connect software. The Hardware is yours to do with as you please.
Chris Taylor
http://www.nerys.com/