PS3 jailbreak made it possible to play pirated copies of PS3 game. PSJailbreak system comes in a USB Dongle with a piece of software to perform an iPhone-style ‘jailbreak’ on the PS3 hardware. This allow users to circumvent the PS3’s anti piracy measures and run ‘backed up’ code from DVD, network storage or USB. The software also makes it easy to create backup copies of games which could then be shared using bittorrent, etc.
Here is the information copied from the psjailbreak.com
PS Jailbreak is a USB plug and play solution that installs in seconds, keeping your valid warranty seal in tact.
Easy to use installer and GUI takes you step by step.
Compatible with all production models FAT and SLIM. Supports all regions: USA, JAP, PAL and KOREA
PS Jailbreak disables forced software updates and will never brick your console.
Supports all games (it does not allow backups of bluray movies , dvd movies , or past consoles games)
Backup games to your internal hard drive or external hard drive through USB, and boot directly off GUI. Eliminating the need for expensive blueray burners and costly blank media.
Play backups off your hard drives 2x as fast as off the blueray drive. This eliminates lags and glitches to provide you with smoother game play.
Open up your console to a new generation of homebrew applications. Load homebrew apps/games off any USB hard drive/flash drive.
Fully updatable with new features/updates by connecting PS Jailbreak to any computers USB port.
