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euclid said:
can someone explain this to me.... wth did the original poster say?

Basically the duder in the video managed to show that the PS3 would load (sorta) a burned BR game...though apparently its at an old firmware version and all it'll do is load it, you can't actually play.  Essentially it just means that the hackers of the world are hard at work on modding the PS3 to play pirated software, like they do for most hardware.