[Update]

The PlayStation Network has returned to full operation! Details over here.

[End of Update]

After the PlayStation Network mysteriously ceased operations for a number of users a little earlier today, the official PlayStation Blogs have been trying to keep everyone up-to-date with regards to when we can expect the service to be fully functional again.

Here’s the latest word from the European PlayStation Blog:

“Current indications are that we’ll be restoring PlayStation Network services in approx. two hours. We appreciate your patience.”

Keep in mind all of the qualifiers in that sentence, with “current indications” and “approx.” both being used, so don’t hold them to this estimation just yet.

Source: European PlayStation Blog on Twitter