3 years after its release, the PS3 has finally been hacked:
Famous iPhone hacker George Hotz, aka "GeoHot", has become the first to achieve the feat, though what this means for the PS3 modding community remains to be seen.
"I have read/write access to the entire system memory, and HV level access to the processor," Hotz wrote on his blog. "In other words, I have hacked the PS3. The rest is just software. And reversing. I have a lot of reversing ahead of me, as I now have dumps of LV0 and LV1. I've also dumped the NAND without removing it or a modchip."
You can keep up with the project by following Hotz's blog or Twitter.
