Confirmed not working with 2.16 firmware, confirmed working 2.20 firmware.
I was able to get Home to crash, i pressed connect, then while it was trying to connect, i pressed the PS button, pressed quit game, it said waiting then finally the ps3 beeped twice and crashed/rebooted.
Here's video of me getting home beta to crash: http://www.youtube.com/watch?v=VQfzcPLBQGY