content: That's the thing... it's not. Security professionals, good or not, aren't cheap. Little Billy sitting at home, fucking with the console, is very cheap. He's the one wasting his time on cracking for the sake of it. And now Nintendo is offering him a wad of cash to disclose what he found? Both parties win.  Compare it to "design contests". Whoever posts such a content offers $5000 (for example) for their next logo. Hundreds of broke-ass college students start hammering away, burning thousands of hours, and only a single one comes out the winner. Not a waste of design professionals' time, certainly, but borderline exploitation.