I don't understand why everyone keeps saying "oh it'll be patched" when the hack is editing the patch itself... you can't patch something like this. Even a firmware update won't fix it because you're doing the hack on an older PS3, and then transferring it to a new one.
Ok, I just want to know, do you have a definitive source stating that you use multiple PS3s? Because I don't see how that would work, you can't transfer data between PS3s on different firmwares, and you can't just pop the HDD out of one and into the other without doing a reformat first.
I.W. may not be able to patch it, but Sony is willing to do
anything to keep the PS3's reputation for being the most secure next gen console. The removed a pretty big feature (that they claimed they would continue to support for the life of the PS3) because GeoHot found a flaw that eventually led to nothing. Then depending on what the "hack" actually entails, Sony could roll a patch out within days. Whereas now, the only problem people could encounter would be a change in encryption, which would be a pain to overcome, but wouldn't patch the hole, making it possible to continue hacking.
If anyone knows information other than what I've stated or that contradicts what I've stated, I would appreciate it if you gave me a source of some sort. Not trying to be rude, but I want to get my facts straight. Thank you.