A hacker group called The Three Musketeers released the master source code of the PS3. What this means is that the PS3 will accept any firmware signed with this master source code. More on the story here : So , the PS3 is now fully hacked & i'm guessing that within a week there is new custom firmware. [video=youtube_share;JhD9L71PhOE]http://youtu.be/JhD9L71PhOE[/video] skip to 2.10 in the video.
New video explaining what will happen with the level 0 keys. [video=youtube_share;3DTqOHso5xI]http://youtu.be/3DTqOHso5xI[/video]