Custom Firmware developer Alexander has released the first 4.70 CFW, FERROX 4.70 is a standard CEX based CFW that comes with the usual Standard CFW patches you find in most CEX based CFW's and if you are familiar with FERROX CFW then this will just be an updated version of that firmware. See all the details of this CFW release below.


MANDATORY:
[It is recommended that, after a successful installation of custom firmware, run
•Restore File System (Recovery)
•Rebuild Database (Recovery)

So, you will have a clean installation, and you'll be fine.
(Thanks to franci97 & SonyForever)

It requires installation by RECOVERY MODE

WARNING: If you want to use PSNpatch 4.66.xx, you have to remove all sorts of Spoof, worth softbreak


FERROX 4.70 CFW Features
•Built on an OFW 4.70
•Disabled the CoreOS and control ECDSA
•LV1: patched to remove protection LV2
•LV1: patched CoreOS Hash Check (prevents brick consoles downgradate not dehashed)
•LV1: Peek & Poke
•LV2: Peek & Poke
•Compatibility PS2 Games
•Compatibility PSP Remastered
•Compatibility PSP Minis
•Key 4.70 (start games with keys 4.70 EBOOT / sprx)
•PSN / SEN Enabled.
•RSOD Screen Bypass for consoles suffering from RSOD
•BT Remote PS3 patch
•PS3 BluRay DISC patch
•Compatibility with the latest version of REACTPSN
•App_home / PS3_GAME *
•Install Package Files *
•Ability to Downgrade from OFW 3:55 with QA activated.
•Upgradable from any CFW's
•Support XMB InGame ScreenShot Feature
•Support Remote Play Feature
•Stability as nell'OFW 4.70
•Ability to downgrade from any custom firmware with QA activated.


FERROX 4.70 was tested on these PS3 Models:
•CECH 2004A - Tested and Working. (Thanks Mizio)
•CECH 2004b - Tested and Working. (Thanks Mizio)
•CECHG04 - Tested and Working.
•CECHL-01A - Tested and Working.
•CECH-2501 - Tested and Working.
•CECH 2504A - Tested and Working.
•CECHC-04 - Tested and Working.
•CECHL04 - Tested and Working

http://www.openmodding.net/T-working...70-ferrox-1-00