Posted by Pirate
, on 27/09/2010
PS3Hax member NZHawk, has released an ‘awesome’ application known as “NZHawk’s Awesome MountPoint Manager v1.0″. This program allows you to choose where to install the PS3 game (instead of having it in LAUN12345)

To quote:
What?
This Awsome MountPoint Manager is pretty much like the existing backup manager, with one major difference! You can choose any folder on any device on you PS3 to use as the mounted disk.
Why?
I wanted to mess around with the SDK that was ‘avaliable’ and it was a good learning curve! (Pretty much the first time ive coded in C++) and it was a challenge! (24 hours with no sleep
)
You can grab the download and read more about the application at the original release thread located HERE.