Originally Posted by jpaytoncfd
3.40 is the lowest.
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Yep you are going to need hardware to downgrade, its the only way.
There is a pretty good guide here that covers everything and tells you everything you need:
http://www.ps3hax.net/showthread.php?t=39766
Or there is
@
playerkp420
s guide here:
http://www.ps3hax.net/showthread.php?t=33989