Geohot is finally able to jailbreak the 3.55 firmware that will come in a PUP file which means a CFW! George Hotz has stated that there will be no “peek & poke” in his PUP which would then enable mass piracy of PS3 games in the scene.
There is no word on release date but this does look promising.
Source: PSX-Scene via Geohot
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