Oh'yeah, that would be ME -- Hehe, that's were I been hanging my hat over at
http://psx-scene.com for a while. -- My OPA company is the hosting provider and just spent a sleepless night in the server room, throwing in more ram, 12-core cpu's and more network pipes, to handle the now sudden 30,000+ people online at once.
That's what happens when a legit mod finally appears for the PS3.
Basically yes, it is simple clone of the usb-jig used by Sony factorys to turn retail machines into debug units, with an encrypted key, much like a super-complex version of the Pandora PSP battery, but instead of simple Pandora having all >FF's in it's eeprom inside the battery, the usb-dongle has the right info and keys, to be able to install "packages" that do amazing things on your retail PS3!
For more info, just type PS3 or "jailbreak" in Google, there is thousands of sites now covering it.
But remember, "psx-scene" broke the news first, even tho we had a few server overloads, we stay ontop of it, and online, while the world was sleeping.
Stay tuned for official list of local resellers with stock that is now being shipped out!