Lets try to do some catching up:
The PS Jailbreak has been posted to open source, and the team that did it has also detailed how the exploit work. It is not a clone of the PS3 Jig as previously thought, but a true exploit (that does use the Jig-mode). Basically it emulates an USB-hub with "broken devices" connected to it. Read more in the project wiki here.
The name of the project is PSGroove. Some other interesting things that the reverse engineer team has found out is:
- The PSJailbreak is programmed to only work on firmware 3.41. This can most likely be fixed to work on other versions.
- The PSJailbreak is programmed to shut the console down if the USB device is removed. This has been fixed, but the device still needs to be connected when booting to enable the exploit.
The responsible persons for the reverse engineering of the PS Jailbreak is "Written up by phire (aka phiren on EFnet). Thanks to Matt_P, subdub and others for helping develop this theory." Thanks guys!!
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