1. Plug a USB stick into your computer
2. Create a folder in the root of the USB stick called PS3
3. Create a folder inside the PS3 folder called UPDATE
4. Download [ Register or Signin to view external links. ]
5. Unzip Jailbreak.zip to PS3UPDAT.PUP
6. Move PS3UPDAT.PUP to the directory UPDATE that you just created on the USB stick
7. Plug the USB stick into your PS3
8. Navigate to Settings Tab
9. Choose System Update
10. Choose Update via Storage Media
11. It will say it found Version 3.55-jb
12. Choose OK
13. Accept Conditions and Install Update
14. After less than a minute, your PS3 will update, beep 4 times then shut down.
15. Power up your PS3 (You will have to do it on the console and not by the controller)
16. Your PS3 is now jailbroken!