There are good and there are bad things in this world. The PS3 is finally hacked, this might enable real PS3 homebrew or you can just backup your original games, but it might also motivate people to pirate games. Two edged, as usual. PDRoms suggest you to buy games you like anyway. There are people who have to feed their family and earn their money by producing commercial games, please keep this in mind.

My contact person at ModSupplier published a video, seen above. It explains probably all you need to know. The jailbreak is NO FAKE!