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Soleron said:

http://psgroove.com/content.php?581-Sony-s-PS3-Security-is-Epic-Fail-Videos-Within&s=31e490494dcf1623127e1c41cb25e614

New crack method works on current firmware, doesn't require dongle, and the private keys have been foundso anyone can have signed SELF files.

Watch the videos of how it was done. They are awesome - Sony made huge mistakes in the design of the security measures.

EDIT: Specifically watch this video.

http://www.youtube.com/watch?v=84WI-jSgNMQ

Huge mistakes in the design of the security measures? It took 4 years to "crack" the PS3, and when it finally happened, a week later, Sony put the kabosh on it. There's only so much they can do