Great news. Gotta hand it to Sony and their partners though, that hypervisor security sat in place for a good long time considering how long it's been out.
basic reverse engineering skills, very strong C / C++ skills, ASM & how to use a debugger, being able to look at Memdumps and making any sense of it, little electronics helps too.
While those are a basic requirement for sure, in my opinion it's much more important to be able to recognize the links between the many different interfaces any sufficiently complicated device (here: PS3 or iPhone) has (both in software and hardware).
If you have a look at geohots's blog, he talks about crude hardware glitching, buffer overflows or programming internal PPC registers via the SPI interface this CPU apparently has. We might now speculate that he used some or all those things to affect operation of the running hypervisor. Being able to grasp how these things interact is much more important than being a good C-coder.
If you look around blogs or watch videos from conferences, you can find many people that are fluent in specific areas of a particular technology, but I think there are much fewer that can jump between a diverse set of abstractions or interfaces.
Being able to do this is something I'd really love to be.
Whatever they wish to, within the limits of the PS3 hardware.
While the PS3 supports linux, it is run under a hypervisor which restricts its access to the RSX 'Reality Synthesizer,' the graphics processing unit (GPU). The Wikipedia entry also notes that "support for the "Other OS" install option was removed by Sony in the PS3 Slim."
And even if you do have a linux-compatible PS3 it's pretty useless. It's tough to find a PowerPC compatible flash player that works for the PS3 so you can't even use it for Hulu (which is blocked in the regular PS3 browser).
To play hacked games, like on the xbox 360. Wondering if you'll have to copy the downloaded game onto a blue-ray or if its enough to copy it onto the harddrive.
Not shure anyway if I'll hack mine, apparently a lot of people ran into a lot of trouble hacking their xbox (got banned from online gaming etc.)
Ignore: Sony hasn't done anything with hacked PSPs that accessed the PlayStation Network, so that's a good sign.
I just remembered that they restricted access to the Store (and possibly the whole Network). That was solved by a change in the version string, if I recall correctly.
