PS3 finally Hacked! GeoHot Hypervisor

 In a post titled "Hello hypervisor, I'm geohot," hacker George Hotz (already known in the iPhone community) has made a strong claim: that he has cracked the PS3. The system has remained (mostly) uncompromised for over three years now, with a few exceptions here and there.

But, this one pledges full read/write access to the entire system memory and complete control over the processor -- all without a mod chip. Has he really done it, if so how, and what comes next? That all remains to be seen. This exploit supposedly "isn't really patchable.

Fore more, please proceed to On The Playstation 3

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