I understand i've got to downgrade to 3.55 for the CFW to work. I've just got a unmodded PS3 at the moment, so I know i've got a lot to do I was just wondering whether I should wait for a tutorial to come out so I don't turn my PS3 into a brick. I'm totally new to this, so i'm just looking over few things i've seen before starting anything on my ps3.
Downgrading is a lot of work dude and needs hardware. Also it depends on your ps3 sku. But it seems the scene has been very active recently so maybe you can rely on the new hardware if something is finally released in the future.
Anyway, as I said you CANNOT play this on OFW and even if there will be a tutorial it is just the one teaches you how to make the undub not how to run the undub on your ps3 with OFW.
Don't know about the differences between 1.00 and 1.01 but my install data were much faster I think. Unless you're talking about translation stuff then I don't know. As for the bugged key card to the research center was the cheat pkg I was using... yeah.