Word on the street is that if you were to pick up a new PS3 system now, chances are it is running firmware v3.42 or higher (v3.50). So, if you just purchased a new PS3 system and want to hack it right out of the box with a USB jailbreak device, well… you can’t! Not unless you downgrade it first to firmware v3.41. And to downgrade, you will need to invest in PSDowngrade, which comes with the PSJailbreak USB device.
Go here for more info on PSDowngrade.
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