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nightsurge said:
I thought there was a mod chip about to be completed that would allow playing of backups and would be a much easier workaround? Just take an hour and $25 to install the chip and you're good.

That's just the last I heard. Don't have any links or anything. As far as I know, no mod chip is available as of right now.

Well if you heard that it must be true. Imminent PS3 h4X0r5!

On topic, the cost of the Blu-ray burner is always going to be a serious restriction to any hack allowing the use of copied games.  $150 seems around the cheapest at the moment, and although it'll go down, I don't see it dropping anywhere near the cost of DVD burners. I really don't see this hack getting off the ground, and even a simpler modchip hack like what nightsurge prophetised wouldn't really be anywhere close to mainstream due to cost. Just buy the damn games already.