There are a few reasons why the PS3 hasn't been hacked:
1. The special coding on the Blu-Ray drive was unfamilar at release and will take or took a long time to get used to. DVD drives have had hacks for their coding for years. It's not the accessibility of the media itself, it's the drives. They managed to fool the drive to bypass the security coding to trick it into thinking a game wasn't copied, and it came easy because DVD drives have been hacked in that manner for a while now.
2. No one has uncovered any bugs in Sony's firmware updates yet to take advantage of. Either they don't see them, or they don't exist as of yet. Sony has been very careful in making sure their firmwares are secure in that manner.
3. There is an insane amount of security on the PS3, and it's been there since day one. When the PSP and DS released, there was absolutely no security on them, similar to the Dreamcast. They got hacked very quick. The Wii's security wasn't well developed and the Gamecube portion of the console made sure it got hacked quick, since the work done on hacking the Gamecube last gen was still relevant to hacking the Wii also. Microsoft made an honest attempt at first, but the familiarity of the DVD drive coding and a few mistakes in a firmware update was their undoing. Once a console or handheld gets hacked, that's it, hackers are on the inside. No firmware update on the planet is going to save it from piracy at that point, just slow it down a few weeks at worst.
4. Sony didn't allow Linux to access a lot of the console, including the RSX, cell processor, hard-drive, etc. It proved to be problematic for those that wanted to take advantage of the console to make graphically advanced Linux based homebrew for it, but it saved it from getting hacked.
Even if the PS3 does get hacked eventually, which is entirely possible, there's the general lack of Blu-Ray burners, blank media and the cost of both that gets in the way of it ever getting out of hand.








