We can’t emphasize enough how frustrating it must be not being able to connect to PSN or play certain blockbuster hits like Heavy Rain due to this recent PSN error. Trust us, we understand your pain and it seems so does Sony as they have issued some optimistic insight into resolving this problem.

Patrick Seybold Sr. Director, Corporate Communications & Social Media via the Playstation Blog write;

As you may be aware, some customers have been unable to connect to the PlayStation Network today. This problem affects the models other than the new slim PS3.

We believe we have identified that this problem is being caused by a bug in the clock functionality incorporated in the system.

Errors include:

- The date of the PS3 system may be re-set to Jan 1, 2000.

- When the user tries to sign in to the PlayStation Network, the following message appears on the screen; “An error has occurred. You have been signed out of PlayStation Network (8001050F)”.

- When the user tries to launch a game, the following error message appears on the screen and the trophy data may disappear; “Failed to install trophies. Please exit your game.”

- When the user tries to set the time and date of the system via the Internet, the following message appears on the screen; “The current date and time could not be obtained. (8001050F)”

- Users are not able to play back certain rental video downloaded from thePlayStation Store before the expiration date.

We hope to resolve this problem within the next 24 hours.