PS3 hacked by the same guy who hacked the iPhone

George Hotz, an american hacker has managed the unthinkable — the same man responsible for your not-at&t iPhones has found a way to circumvent the PS3’s hypervisor and make the PlayStation 3 play homebrew and pirated games.

He states, the hack is 5% hardware and 95% software based. The BBC News has more on this.

Sony has yet to comment on the issue, but we will post their response as soon as there is one.

Thanks to our dear reader Ponza. We owe you a beer or two.

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