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The major corporation Sony has stated that with new games it will include this registration code which will be called the "PSN Pass" which will only be able to be used once. This code will only be offered on certain titles. The first game to be issuing these codes will be the upcoming title,
Resistance 3.
Sony has not explained yet what features the code unlocks, but the company has stated that "full online access" is only available after you are given a code. Ars Technica has reported that anyone who buys a title used will be able to reset the title, but it will cost them a fee of $15. Sony still has not clarified as to what features/add-ons the code locks.
If and when more news on this topic is released I will update this thread. Expect an edit soon.
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Cheers,
Kunducted