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Mathieulh (a famous dude:tits has stated on his Twitter that the guys behind PS Jailbreak used GeoHots exploit and strongly advices us to not update to PS3 Firmware 3.42, as this will probably block the PS Jailbreak Dongle, here are Mathieulh’s tweets.

The psjailbreak guys definitely used Geohot’s exploit, without him it wouldn’t have been possible in the first place.

This is a very clever hack which allows code to run a high privileges on the system. Updating would be a real shame.

You should know by the way that this CAN (and most likely will) be updated/fixed by Sony. Avoid updating to 3.42+ at ALL COSTS.

Credits to Ps3Hax.Net ^^ Awesome Site, Seriusly. (Not trying to advertise)

It 100% kills the jailbreak.

Dont turn off your ****ing ps3!

How can we bypass the update while still having the ability to play online?

I'm not sure but i think it's possible to use the anon proxy and play online.

Okay do you know the url to block?

I Know it to block "Game update's" But not too sure bout system.

Here you go a0.ww.np.dl.playstation.net

Rep if helped : P

I need system updates not game updates i already knew that.

I am 100% certain that there is a method to play only whilst bypassing the FW update. I'm just not sure that it still works or not

Wait is the 3.42 update out yet? I lost track of FW updates.