This is a joke really. Popped the game in a few hours ago to see if things were working, there was my guy from yesterday, he'd returned after disappearing previously. Got into the race, went well. Did the drug deal, went well. Free roamed a bit, went well.
I went out for a few hours, came back and my character and his couple thousand $ is gone, annoying. So I make another character - now I can't get into the race, just constantly looping with players popping in and out, I also notice my character is carrying my old characters cash (not in bank, where I put it). So I quit out, come back and my SECOND character is gone, and now I can't even join and just lost character number 3.
This has been one absolute shitshow of a launch, would definitely have expected better from Rockstar.
Edit: and now it's just crashed my PS3.