George Hotz aka Geohot is a famous guy in the Apple fraternity, thanks to his iPod/iPhone jailbreak and unlocking solutions but it looks like his popularity will expand amongst the PS3 users too. In a post on his PS3 dedicated blog, he claims to have fully hacked PS3 that gives him read/write access to the system memory without any help from a modchip. He refrained from revealing how he achieved it but has promised to post decryption keys as soon as he finds them. Nevertheless, future development looks exciting. So what do you expect PS3 users?
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gbhman says
hey geohot when r u releasing the exploit !!!!!