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No. As of right now and probably for a long time, PSJB will only be possible on FW 3.41.

And there is no way to downgrade.

How Do You Jailbreak a PS3 On Fw 3.41 , What Do I Need?

You need a PS3 on firmware 3.41 or lower. If its lower then you need to go to sony's website, find FW 3.41, put it on a USB and install it.

But if you do have 3.41 on your ps3, then you need the PSJB chipset or something that can transfer the jailbreak (ex: TI calculator)

Where Can I Buy This ?

The PS3 with FW3.41 will be hard to find. Probably will cost 150 - 200 US Dollars.

The PSJB chipset from the website...I don't have the link...go to the Exploits and Hack section for it, there are 1000000 tutorials listed and some of them have the link.

The calculator and iPhone and stuff like that can be bought anywhere.

Hope I helped

I Have 2 PS3's , 1 On 3.50 & One On About 3.20 [ Just Have To Use My USB To Update It To 3.41 ]

Also , Can I Substitute A Iphone For A PSJB Chipset or no??

Yes it's possible to substitute an iPhone for the PSJB. For the rest, since I haven't done this on my own PS3 yet (I have been a way for a long time and won't be back anytime soon), you should ask someone who has done it and is successfully running lobbies.

I don't want to mislead you because only a certain type of iPhone can be used for the jailbreak.

Okay . Thanks :y::bro:

No problem good luck with hosting lobbies