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What was once thought to be an 'unhackable' console, hacker George Hotz has claimed to have finally done it. He says the hack offers complete control over the processor, and full read/write access to the entire system memory.
In a post titled "Hello hypervisor, I'm geohot," hacker George Hotz (already known in the iPhone community) has made a strong claim: that he has cracked the PS3. The system has remained (mostly) uncompromised for over three years now, with a few exceptions here and there.