Also one thing that has never been done is scanning for memory corruption vulnerabilities in dumped firmware. It can be done even with Python like has already been done for x86 and older PPC.
On closing, I feel the frustration of people who actually make an effort when they complain about the reality of the PS3. 'If you're not part of the solution you're part of the problem'
is extremly great and today i bought for 200€ a 40GB Playstation3 with firmware 1.50 for security^^ if i'm not able to upgrade my 80gb from 3.30 onto a cfw. then i will use my second ps3 ^^
I went and bought this game without searching for this issue, and was a little mad when I couldn't play at all. I wanted to exchange it for a 360 version, but gave in the next day and formatted and updated the ps3 since I didn't really have the money to blow on another console.
It was a worthwhile thing to do for me, the game is great, and i only used otheros to rip blurays. I plan on ordering a bluray drive to keep my bluray rip collection growing.
I personally think that red dead redemption is worth the update.