It's very interesting to read that the Playstation 3 might at last have been hacked by the same man who 'jailbroke' the iPhone for the first time. Interesting but not all that much use.
I mean, who wants a hacked PS3 anyway? The report to which I've linked says there are a number of reasons someone might want to do this. You could persuade it to play home made games. OK, copy that, it might be interesting. You could play pirated games. Not to be encouraged but I understand the appeal (although a second-hand game is usually so cheap it's not worth it). And with the new hack, it seems you might be able to resurrect your old PS2 games and play them.
OK, all of those are good reasons, the middle one less so. The report also says you can install another operating system; actually you can already do that, right where it says 'install a new operating system' but we'll let that go.
What the report doesn't say is the reasons you'd be crazy even to consider hacking your PS3.
First, if you start fiddling with the software it might not play your existing games.
Second, since 5 per cent of the fix is hardware, you might break it.
Third, and this is a culmination of the two points above, if you do anything like hack it, you've automatically voided all of the warranties it came with.
Fourth, if it's out of warranty but needs to go somewhere for repair, you betcha they'll take the hack off it and return it in its 'official' state.
Hacked PS3? Sure, as proof of concept it could be interesting. It's been done with the other consoles, I know. But it's a crazy, crazy idea.