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Soriku said:

What's the reason the PS3 hasn't been cracked yet? Too complicated? Sony did a good job with piracy on PS3.

There is a streaming limit on the PS3 Hard Drive which does not allow files that are bigger than a certain size to be played off the hard drive. Therefore, if the PS3 firmware were to be hacked like the PSP, most games would not be able to be played off the hard drive (the way it's done on hacked PSPs). This means Blu Ray's have to be used. And Blu Ray burners are not as common as DVD drives were and will not be for a little while more. When you take into account that PS3 launched in 2006, it's understandable that people have not really invested time into pirating it.