The story is up on news.com.com right now.  Quoting from that article:
- - - - -
"In its complaint, IBM said PSI holds an IBM customer agreement that allows 
it to license Big Blue's operating system software and other software, but 
only as an end-user. 
 
"The license agreement 'expressly prohibits, among other things, any 
translation of the licensed software programs,' IBM states in its 
complaint. 
 
"IBM also alleges PSI's 'emulator,' or translation, systems infringe on its 
five patents: 5,696,709; 5,825,678; 5,953,520; 5,987,495; and 6,801,993." 
- - - - -
 
(Hoping to end speculation subthreads, at least; if this whole thread dies 
so much the better.  This whole thing is so far from being settled there 
really isn't much point in discussing it at this early time, is there?)  
 
-- 
Tom Schmidt
Madison, WI 
 

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