http://geohotps3.blogspot.com/2010/0...im-geohot.html

If you own one of iDevices (iPhone / iPod Touch) and you’re familiar with term “jailbreak” then you’ve probably heard of George Hotz aka Geohot, the guy who put a lot of his knowledge and efforts to bring us tools such as blackra1n, purplera1n, sn0w unlock, etc, etc… Well that same guy got his hands on PS3 and is in process to hack it, and claims he found an exploit so we’ll be able to run PS3 “backup games” and (possible) homebrew appz… True? Lie? We have to wait and see, but judging from his previous work he never lied, so keep your eyes on him…