Things are progressing, at least.
For the past few days, the status of the PlayStation Network has been labeled as "intermittent connectivity," as seen at the support page .
This was due to the DDoS attacks that got so much attention over the holiday break. Now, though, that status has changed to "heavy traffic," which means most PSN users are using the service. That's a good sign but on the downside, due to that massive amount of traffic on New Year's Day, "some latency may be experienced." We can live with that, provided the problems aren't caused by more hackers with gigantic ego issues.
How's the PSN working for you?