As posted on PS3NFO.com, today release group SUSHi released Folklore (EUR) for PS3 (NFO File). According to their release notes, it appears even some release groups feel a PS3 iSO Loader (or better yet, PS3 homebrew) is long overdue to quote:
Isnt it time for a loader ?
Aside from stepping stones in recent months (the RSX progress, another Warhawk hole found, BRD drive FW dumped and partially decrypted- pics coming!, PS2 BiOS Dumper for PS3- dumps to internal PS2 Memory Card, then copy it to USB Flash Stick via XMB to examine how the 'PS2 Mode' is handled, etc.) not much progress has been acheived in getting unsigned code running on a retail PS3 unit unfortunately.
It's starting to look like the real GODS may be SPA versus PDX, not because they were actually the first to make a PS3 loader.. but because to date they have still managed to keep any leaks from reaching the public's hands. :p