Now this isn't a Christmas gift that Sony wanted! A team known as 'X3 max' have released a video which shows how an upcoming firmware update will allow people to jailbreak PS3's running firmware v3.50. Interestingly of all, there will reportedly be no downgraading required. Interesting stuff, and it is expected that some kind of 'announcement' will be made about the release of the update and GT 5 compatibility soon.

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http://www.maxconsole.net/content.php?43329-PS3-Firmware-v3.50-hacked-and-jailbroken-no-need-for-downgrading

Posted: Dec 04, 2010 9:40 am