Completing quests will add to your progress meter, helping advance your status through the three tiers of select, pro, and legendary. What those titles will equate to beyond bragging rights remains loosely described as "eligible to win exclusive prizes and collectible memorabilia," though it's unknown how status might effect rewards. Sony announced the PlayStation Rewards program back in October, opening it up initially by invite only to the current testing phase. It will be officially launched for all this coming April.