UPDATE #5 !!!!!
BREAKING NEWS UPDATE: November 15st, 2011 -- The 'True Blue' dongle v2.2 update has been released to your play v3.6+ PS3 games from HDD!
True to their word, even tho alot of people are still claiming 'fake', the 'True Blue' has released the v2.2 update PKG which enables the usage of v3.6+ PS3 games from your HDD, instead of just using 'blu-ray' discs, making the dongle more worthwhile to all PS3 users wishing to be able to Jailbreak their console to enjoy the both worlds of wonderful 'homebrew' and 'emulators' that have been released over the last year since the first PS Jailbreak dongle appeared, but yet still be able to play the latest PS3 games like 'Portal 2' and 'Dirt 3' which have been out for a while, but those that Jailbroken their PS3 Consoles have been stuck in the pass on v3.55, as all the newer PS3 games are 'key'ed' to run only on the newer v3.6+ legit firmwares by Sony.
But now thanks to hard-efforts of the 'True Blue'[/b] developers and coders, they been able to do the impossible figure out a way for you to stay on the fully open v3.55 firmware thanks to information that has been released by the likes of '******' back in Jan. but also now enjoy the playing of the latest PS3 games that has been released and WILL be released in the future.
thanks to gary over at Ps3crunch