Hackers may have cracked PS3
 

Rumours are swirling this morning that the PlayStation 3's security has finally been breached and "backup" software now runs on the Sony platform.

A company of unknown origin has created what it calls the PSJailbreak - a combination of software and USB dongle that seemingly allows all makes and model of retail PlayStation 3 to copy and run any kind of game code, even with the latest firmware updates in place.

http://www.eurogamer.net/articles/di...n-ps3-security

I was waiting for this for ages...if its true...