Posted By: wraggster
news from engadget
Hackers, like life, will find a way. Sony knows that all too well thanks to the PSP, but so far the PlayStation 3 has stood strong in the face of legions of nerds trying to find a way to exploit it. A potentially major breakthrough may have been made, though, as well-known PS3 hacker StreetskaterFU (we've no idea what he's going for with that name -- really) has managed to decrypt the beta client for Sony's PlayStation Home service. Curious devs can now poke around in the files looking for a way to exploit the newish in-game XMB functionality, potentially allowing homebrew apps and game backups without hard drive swapping. There's no guarantee it will lead anywhere in the end, but you don't care either way, right? Our upstanding readership would never participate in such heinously illegal activities.
From a homebrew point of view this could be very interesting