I think what Pereb is trying to say is that older games (signed with <=3.55 keys) still work just fine on 4.11, so homebrew could be packaged exactly the same way a retail disc is, and signed with 3.55. Might work, who knows? If the BD emulator correctly authenticates with the PS3, you could put anything on there.
Maybe this is a good thing (if it's real)
