George posted this statement on his blog “Hopefully, this will ignite the PS3 scene, and you will organize and figure out how to use this to do practical things, like the iPhone when jailbreaks were first released. I have a life to get back to and can’t keep working on this all day and night.”
If you download the hack it will come as a zip file titled ps3_exploit.zip, within this compressed file are 5 files, one of which is “instructions.txt “, the other is a “pokemehere.jpg” and there are three other files titled “exploit.c”, “Makefile” and “run.sh”.
Critics are saying that time and money has been wasted hacking the PS3, however now that the console has been exploited it opens up the console to thousands of hackers, therefore I do not agree that it is a waste.
Personally I feel that it will be a while until the exploit will take-off, there are many factors which affect this mainly the cost of Blu-ray media and burners, also pirates will in my opinion not be willing to risk ruining their PS3 and a spindle of Blu-ray discs until prices come down.
For further details check out TQcast.
Do you think that George Hotz has wasted his time?
Also See: Dark Souls 2 matchmaking problems on PS3