PS3 Hacked?…Maybe?

OK so i hear the PS3 has been Hacked, Not like… We have a loader for ISOs or anything like that yet BUT someone HAS gotten pasted the locks and in the system and HAS dumped it, all that’s left to be done is making the Software or Custom software like with the PSP.
I man from Ipod hacking has done it “So he says” lets just Hope it’s true

I have read/write access to the entire system memory, and HV level access to the processor. In other words, I have hacked the PS3. The rest is just software. And reversing. I have a lot of reversing ahead of me, as I now have dumps of LV0 and LV1. I’ve also dumped the NAND without removing it or a modchip.

What will come of this?
-PS3 backups running on the PS3 HDD?
-Emulators like N64 running at 100%?
-Linux or Windows running the FULL power of the PS3?
Who knows…. But it’s fun to think about it.

Pic from

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