Apologies if this is the wrong place to be asking this. If there is a better place please let me know and I will be glad to redirect my concerns. Either way this is awesome news.
I too have a question in regards to doing this.
I'm running FW 3.41 jailbroken currently and am wondering about the real benefits of doing this now. I don't want the ability to play any of my back up games to be lost nor do I want to risk bricking my console. That said, what is the consensus of the hive mind?