PS3 Hackers have hacked into the PlayStation Network

This summer the PlayStation 3 console was finally jailbroken. Which means that the relatively piracy free system was made able to play downloaded titles directly from a user's harddrive. While I'm not all too familiar with the actual process of hacking the PS3 youtube user CHRISTECHTV is. In this video he demonstrates his Playstation console hacked with a custom firmware that allows his system to bypass any security and requirements to upgrade to the newest firmware 3.50. Sony is pretty vigilant in combating piracy on their console and even the pirates don't expect this to last long but judging by the excitement of the commentator it is something that pirates have been waiting for, for some time.