I think it might be the only modern console to come and go with no piracy what so ever. Some of the older consoles were just emulated but you could still play the pirated games somehow somewhere which is the point.
A couple things not mentioned in this news post (yet):
1) This will not allow backups. Might as well get this one out of the way first, The kernel read/write that we're getting is in SystemOS, which contrary to what it sounds like is the same...
You know, this hacking method will stop working in a short while (next update), and it requires that you be on the latest firmware to do it. That means unlike PS4 people who haven’t updated their systems but didn’t know about this hack in time...