Today is a good day to be a console “hacker”. The great geohot (aka George Hotz) have done the one thing noone else has managed todo the last 3 years, get full memory space access and therefore ring 0 access from OtherOS. He has released the source code for the exploit for all to see.
I hope in the following weeks we will see some development on the ps3 front and maybe someone finally can manage to do an entire dump of the hypervisor!!!!!! =)