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     will update when i get the info 

----Pros----
-you get to hack any game (like mw2)
-you get to back up rented/your own games
-can block firmware updates
-Save hundreds of pounds
-updateable
-homebrew

----cons----
-sony logs back-up manager so you will get banned
-things are buggy
-Loss of online play(for now)
-may get patched for a long time beofre haveing an update and then patched as soon as it works again
-might go through many methods of jailbeaking (not official dongle) and loose money

     suggest things bellow 

Pro's
Free games
Save hundreds of pounds
Homebrew
Faster loading times

Con's
Loss of online play(for now)
Risk of being banned(when online)

Pro's:
We win

Con's
Sony loses

pro's
free games
homebrew
updateable
can block firmware updates
back up manager can be made to seem to be any game
cons
can get banned
might go through many methods of jailbeaking (not official dongle) and loose money
may get patched for a long time beofre haveing an update and then patched as soon as it works again

good list guys

Pros:
You getz to haz free kittyz

The use of the word "will" is a bit overdramatic. You can't sign into the PSN with firmware 3.41, so how will you get banned?

theres a jailbreak update for 3.42

If you can't get online, sony can't ban you. Also, what things are buggy? I haven't seen any bugs with it so far.

lol uhm teensy board is the cheapest( cheaper than a game) so no money loss there, sony will not ban you since there are stealth backup managers that most noobs like u dont kno about and theres cfw in the making so bypass soon, i didnt find anything buggy w it.....