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PSJailBreak Reverse Engineered, Requires Hardware to Update

PSJailBreak Reverse Engineered, Requires Hardware to Update 1150°
240w ago - A few days ago PSJailBreak Reverse-Engineering work began, and today German site GamerFreax.de (linked above) has posted a breakdown of the PSJailBreak, how it was reverse engineered and notes that it requires additional hardware to update.

Below is the rough translation of the PS JailBreak reverse-engineering details, to quote:
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