We've just had word from our source that a limited version of Home will go live at Midnight on the 31st of March. The new branch of Home, separate from the closed beta, will be called 'Flat', be open for everyone as a free download from the PSN and last for exactly 30 days.
Flat will give the player just a single apartment (there won't be any communal areas, theatres, gaming halls etc) but you will be able to invite up to 3 of your PSN friends to come to your Flat. They will be teleported in instantly - the front door does not open, apparently. Flat will feature custom soundtracks via a hi-fi installed in the main room of the flat, and video streaming via a flat-screen TV and will support videos already recorded via Play TV.
Update from sixthaxis:
to everyone that saw fit to email in: yeah, it's a joke. We know. Needed more sarcasm smilies, huh? Hey, it's Friday afternoon. Go get a beer or something.