They appear to have tossed out the 'must authenticate online every 24 hours' and 'can't trade used games' requirements that everyone went ape about (and Sony exploited so handily).
On the one hand, it's good that they've seen sense and switched track. Presumably the cost of doing so (other than the red face it causes) was low as these restrictions were entirely in software anyway. On the other hand, this is probably a classic case of doing the right thing for the wrong reasons; I doubt they've suddenly had a Damascene moment when it comes to consumer rights.
Still, you never know, PC gaming might benefit if they learn something from this. Live in hope and all that.