[GregoryRasputin]

As I'm sure you all know by now, the PS3 has seen a mountain load of fakes, earlier this year we had ZPack, which used a USB Dongle to let you play ISO's on your console, it of course turned out to be another fake, now we have PS Jailbreak which uses a USB Dongle to give you back ups, here is a quote from their site:

PS Jailbreak is a USB plug and play solution that installs in seconds, keeping your valid warranty seal in tact. Easy to use installer and GUI takes you step by step. Compatible with all production models FAT and SLIM. Supports all regions: USA, JAP, PAL and KOREA PS Jailbreak disables forced software updates and will never brick your console. Supports all games (it does not allow backups of bluray movies , dvd movies , or past consoles games) Backup games to your internal hard drive or external hard drive through USB, and boot directly off GUI. Eliminating the need for expensive blueray burners and costly blank media. Play backups off your hard drives 2x as fast as off the blueray drive. This eliminates lags and glitches to provide you with smoother game play. Open up your console to a new generation of homebrew applications. Load homebrew apps/games off any USB hard drive/flash drive. Fully updatable with new features/updates by connecting PS Jailbreak to any computers USB port.

Not that im an expert at spelling, im far from it, but you would think that people who are knowledgeable enough to create such a device, could at least spell Blu Ray right.

The FAQ section from their website:

Q:Is PS Jailbreak easy to install? A:Yes, it is a plug and play solution. It takes 1 second to fully install, without modifying or opening your console. Q:Does it permanently modify my console? A:No of course not, once you unplug it from the usb port it is completely disabled. Q:How do you install PS Jailbreak? A:Please consult our downloads page for our instruction manual. We have done our best to make it as thorough as possible to answer all setup and troubleshooting issues. Q:What is the warranty? A:PS Jailbreak is sold with a 1 year warranty. All our resellers will take care of warranty issues.

The only downloadable thing of their site, is this Back Up Manager

Here is a link to their site: PS Jailbreak

A site called PSX-SCENE, claim to be the first and only site that can confirm that this is working, here is a quote from their site:

The first PS3 modchip has arrived and PSX-SCENE is the FIRST site to CONFIRM it is 100% REAL!!! PSX-SCENE is the first any ONLY website to CONFIRM that this product is working 100% Not by speculation but by being the only website to actually have testers with actual product in hand! We will have a video courtesy of OzModchips soon so stay tuned!!! I have been in contact directly with the manufacturer and can confirm some things you have all been asking about... 1. FAT32 is currently supported. They are working on NTFS. 2. They recommend staying on current firmware and not updating until they have deemed it safe. The dongle is fully updatable. 3. Online play does work but they cannot guarantee that it will work with all future titles. 4. Final retail units are ready to ship. 5. Official reseller list will be on their site in the next 48 hours. You can pre-order from any of the official resellers. There are websites out there now claiming to be selling but they are not legitimate. Don't get ripped off. Wait until the official list is posted.

They posted a video:
YouTube - OzModChips.com tests Worlds First Ps3 Modchip (PSjailbreak)

Here is a quote from Mathieulh:

psjailbreak's so called "Backup Manager" (which is pretty much the only thing available to download on their website) is a debug package including a regular fself compiled with the (massively privately leaked) 1.92 sdk, The package itself is generated with Sony's official sdk tool (make_package_npdrm revision 1203 probably from that very same sdk) that makes it illegal to share because I am quite sure psjailbreak staff doesn't have the appropriate license to be using the official Playstation 3 SDK and its tools. The binary itself seems to use the usual sce apis when it comes to the gui or copying files over. It does run on a debug console and displays a "nicely" done GUI that lets you "backup" your game to the external or usb hdd and "run" them later on. Needless to say the backups wont "run" as their "backup manager" is just a regular fself running with game privileges and doesn't make use of any exploits that I can think of. Needless to say that if their so called usb dongle is real (which I doubt) it does extensive use of leaked sony's software and keys/certificates.

So the only question is it indeed real or fake.

Source: Mathieulh's Twitter

EDIT:
Added the two other videos on different posts on this thread:
YouTube - Ps3 Game Dumping
YouTube - Worlds second test of ps3 modchip, for all the Youtube plebs

Update 1:
RichDevX has posted a patched version of the PKG Manager on his twitter, that allows backups to be ran for PS3 Debug users (you will need to decrypt selfs). As of now PSJailbreak does seem like the real deal, however we advise our members and readers to NOT purchase the USB dongle/device and that there will most likely be a FREE solution soon.

Downloads:

• PS3 Package Manager (official)
• PS3 Package Manger Patched (to play on Debug consoles)

[Hailfire101]

How do you delete comments?

[heartagram_616]

i thinks its real but the tv flickers so i aint so sure but if its really then i need to get on lol

[Hailfire101]

How do you delete comments?

[vildzek]

Is FAKE because: 1 second time on install ? So many features from the start ? C mon, even on Slim 360 will take month to get a decent CFW.
The only hope is Demonhades with the BD ROM.

Ps3 IS NOT A IPHONE. The same joke like Belzar chip, remember ?

[Hailfire101]

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[Pirate]

Seems to be real, but with the sketchy scene of the PS3 it's hard to be certain.

However OZModchips are selling this (reputable mod site) at $170 a pop:
http://www.ozmodchips.com/ps-jailbre...play-p-68.html

Here is another video:
YouTube - Worlds second test of ps3 modchip, for all the Youtube plebs!

Though I wouldn't pay $170 right away till we get some confirmations of this actually working, and you can bet there will be a free version of this soon enough.

[Hailfire101]

How do you delete comments?

[nOT]

Wow, you guys think OZModChipz faked the video? Seriously? Haven't you heard of them before?

It's real, you stupid idiots!

[GregoryRasputin]

Originally Posted by nOT Wow, you guys think OZModChipz faked the video? Seriously? Haven't you heard of them before? It's real, you stupid idiots!

No need to insult people for having an opinion, it doesn't take much of a brain to insult...