According to a tweet by Mathieulh, the real PS3 master has been found. To keep it simple, the Master Key can be used to fully unlock the PS3--permanent jailbreak and downgrading. Here's a couple of tweets from Mathieulh.
From Twitter:
"Congrats to ps3yes for finding this key :)"
"0x32, 0x78, 0x57, 0x2D, 0x90, 0x90, 0xD5, 0xAC, 0xAE, 0xF9, 0x03, 0xCA, 0x1A, 0xB6, 0x5E, 0xF1, 0xB7, 0x69, 0x4C, 0xDE, Have a nice day xD"
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