An individual is claiming to have finally cracked the PS3’s formerly invincible copy protection system.

He claims to have cracked the hardware, he admits not yet having cracked the software, so a usable application is presumably some way off, if possible at all.

The cracker identified as “geohot” (or George Hotz) and already well known for his previous exploits, explains:

I have read/write access to the entire system memory, and HV level access to the processor. 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.

3 years, 2 months, 11 days…thats a pretty secure system

Took 5 weeks, 3 in Boston, 2 here, very simple hardware cleverly applied, and some not so simple software.

As far as the exploit goes, I’m not revealing it yet. The theory isn’t really patchable, but they can make implementations much harder. Also, for obvious reasons I can’t post dumps. I’m hoping to find the decryption keys and post them, but they may be embedded in hardware. Hopefully keys are setup like the iPhone’s KBAG.