Ok... Here is the knitty gritty on this clone. It's hardware specs are great as said before in this thread.
IT DOES JAILBREAK as all others and it IS upgradeable!!!
I had written the company an email and told then about the flaws I DID find with it. 2 and a half days later the 11-01 update fixed one of the issues!!!
The issue was FTP was not working. It now works as it should.
So, with that said first, the company IS striving to make its product better. This USB dongle does have the potential to be the best product out there IF they continue to make the available HEXs out there work with their product.
I have a PIC board that I flash iLLNESS's latest (OCT 23rd) hex and EVERYTHING works as it should.
A PSN game that worked with my PIC board and my fav manager (multiMAN) do not currently work with the latest update with the ps3usbjailbreak dongle.
We'll see what the ps3usbjailbreak team does in the next coming days as I have sent them links to the multiMAN and links to the hex I use on the PIC board.
I must say I was impressed that there have not been any new hex's released and they fixed the FTP issue.
THIS DONGLE DOES HAVE THE POTENTIAL TO BE THE BEST OUT THERE if team ps3usbjailbreak can utilize the latest hex's and make all of the available homebrew and PSN games work as they do with a PIC board.
I recommend this for someone who only needs to play backups and does not care about PSNs or certain managers. However, the board does have 64k (helps with future hexs? will 64k be enough future proof?) and is capable of asbestOS with the provided program from the download section of ps3usbjailbreak website.
For the peeps who want it all, a PIC board is the way to go. Keep in mind, this can change in a couple of days or next week depending on what team ps3usbjailbreak does.
Also keep in mind, the entire scene can change on a dime depending on $ony's actions.
I will be swapping a hard drive out and trying a few things out with this dongle instead of the PIC board. I want to be an optimist and hope everything will work with the upcoming updates as this IS the best price vs performance jailbreak on the market I believe