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from the new agreements(if u read them) sony has the right to listen to your conversation plus record any activity through psn
If they monitor conversations it would be to prevent harassment. Because the harassment done through ps3's could result in deprivation of character law suites. As well as previously said above to also try and control hacking of games/betas as well.
that's so bad! no more swaring at people and telling them they are so bad that your gran can do better than them and shes dead! i think they should just have a report button tbh! much easier and they don't have to hear all the useless stuff that you say anyway!
Apparently, not only did Sony state that they can use your content without asking for your permission; reading the finer print now, it turns out that Sony now has the right (given that you agree to the Terms, of course) to tap into your PSN convos. Though it wasn't specified, we presume this is applicable to both voice chat or text.