This was posted on Blu-ray.com forum by SPE Blu-ray insider:
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Clarification on recorded media restrictions.
After doing some research, here is what I have been able to clarify.
Blu-ray players first manufactured after Spring of this year are required to support BD-RE v3.0 media (AACS enabled) for playback of recordings where copyright has been asserted (e.g. digital broadcast, managed copy from a Blu-ray movie and similar). These same players may playback authored content from other sources (e.g. home movies) where copyright is not asserted from either BD-RE V3.0 or v2.1 (currently available) media.
An exception was made for players produced before Spring this year such that they may playback authored BD movie content from BD-RE V2.1 media, even though they may not support V3.0 media. The PS3 is already fully compliant with the latest requirements. Other players may or may not be depending on current firmware revisions.
The simple summary is that a consumer can author their own content as they wish using currently available media and play it back on any player that was released prior to Spring 07' as well as any player released since that time, provided that the player can support BD-RE V3.0 media. If a newer player cannot yet support that media type, then BD-RE 2.1 support can be enabled as soon as firmware allows the player to do so.
The specifications are designed not to inconvenience any customer who wants to author content they own.
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http://forum.blu-ray.com/showthread.php?p=168144#post168144
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Clarification on recorded media restrictions.
After doing some research, here is what I have been able to clarify.
Blu-ray players first manufactured after Spring of this year are required to support BD-RE v3.0 media (AACS enabled) for playback of recordings where copyright has been asserted (e.g. digital broadcast, managed copy from a Blu-ray movie and similar). These same players may playback authored content from other sources (e.g. home movies) where copyright is not asserted from either BD-RE V3.0 or v2.1 (currently available) media.
An exception was made for players produced before Spring this year such that they may playback authored BD movie content from BD-RE V2.1 media, even though they may not support V3.0 media. The PS3 is already fully compliant with the latest requirements. Other players may or may not be depending on current firmware revisions.
The simple summary is that a consumer can author their own content as they wish using currently available media and play it back on any player that was released prior to Spring 07' as well as any player released since that time, provided that the player can support BD-RE V3.0 media. If a newer player cannot yet support that media type, then BD-RE 2.1 support can be enabled as soon as firmware allows the player to do so.
The specifications are designed not to inconvenience any customer who wants to author content they own.
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http://forum.blu-ray.com/showthread.php?p=168144#post168144