UPDATE: Geohot has released his PS3 exploit. Hacking community…GO!!

Geohot, original iPhone hacker, has announced that he has hacked the PS3! XBOX 360 and the Wii, have been hacked to play “Back-up” games for a while now, but no one has been able to crack Sony’s entry into this generations gaming consoles.

Here’s what geohot had to say on his blog:

“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.

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.

Shout out to George Kharrat from iPhoneMod Brasil for giving me this PS3 a year and a half ago to hack. Sorry it took me so long 🙂

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.

A lot more to come…”

Great job George! Let’s see what you can do with it.