Originally posted by rico4u2day2
You have to plug in the Dongle, full power cycle and then press power eject.
If you bought an AVRKey you have to flash PSGroove on it yourself then run the exploit.
And no it will not, but you can transfer modded PS3 patches to it.
By the way, this should be in the PlayStation 3 Exploits and Hacks Question Section.
Mod Please Move