According to the folks at Blu-Ray.com, SIRIUS/XM Satellite Radio is going to offer listening of their service over the PS3 console. The service will be available in genre specific subscriptions to purchase at $2.49 over the PlayStation Store. The exact breakdown of these genre specific subscriptions is still unclear.
SIRIUS/ XM currently offers subscribers online listening, which is presumably how the PS3 will share its content. The service would be available for in-game use, and while the details are unclear, nothing would be cooler than hearing the Howard Stern Show while playing Little Big Planet.
Baba Booey.
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