You won’t be able to download digital games you have purchased unless you’re logged into psn so there may be a bypass method out there such as a proxy (will look after I post this.)

At the moment though there is no word on wether it breaks save wizard or not. Currently save wizard supports 4.74 save resigning and 5.00 cheats. They plan to update it this week assuming all goes as they have planned.

For the time being 5.01 is still unsupported as they haven’t released anything officially. I’ve seen reports that it’s okay to update, but it’s best to wait till they say something. I myself will update today and let you know how it goes.

Give it a go. Try to download a demo and get back to us.

Update is safe to update to.