And today, I saw a post about the first PS3 custom firmware being released. One can enable homebrew and in most cases play backup copies of your games right from the flash memory or disk memory instead of reading from DVD for improved read time when one installs a custom firmware in place of the original or official firmware from the manufacturer. Manufacturers have always been against the homebrew in fear of game piracy, which affected the previous PlayStation generations (PS1, PS2, PSP, Xbox, Xbox360, Wii, etc.) It has been reported that game piracy costs the industry billions of dollars every year.
PS3 jailbreak has already been confirmed doable for PS3 consoles with firmware version 3.41. Do a quick search on PS3 Jail Break on a search engine or the popular video streaming site should yield many usable results if you like to get more details or proof of its existence. Of course, homebrew fans would argue that Sony broke their promise when they launched the PS3 by blocking the installation of Linux. Nevertheless, homebrew is an area of interest because it enables the hidden capabilities of the console which are not put to use by the manufacturer through the official firmware. I’ve previously had CFW on my PSP and installed custom ROM on my Windows Mobile smartphones and I believe the idea of getting all the juice out of that internally powerful gaming console of PS3 or Wii sounds pretty tempting if the CFW is stable and reliable.