As far as I'm concerned, without the PSJailBreak team none of you would have jailbroken PS3s right now. It's a shame some people are completely bashing them as if they hold no value or credit what-so-ever in the PS3 jailbreak scene.
I don't see anyone else stepping up to the plate to jailbreak the PS3, do you? Even if this team never releases a single thing, you still should respect them for the ability to have all the jailbreak features/content you have now.
So stop crying, suck it up, and be happy with what you have been given so far.
*sigh* if this isn't a new exploit that works on the newer firmware the title should definitely be changed. If it does indeed work, I might actually cough up the money and buy the original to support them.
For all we know the first mod psjailbreak made was a soft mod that is still avaliable in newer firmwares. It would make sence since softmods are not sellable and not releasing guarantees no one outside your dev team even knows it exists so to say its impossible for them to find somthing new like 3.42+ jig keys is silly.
Three people on another site bricked their consoles trying this beware!! also the only way i see the jailbreak team adding new fw support is patching the updates to allow the hack to be used on 3.42/3.50 requiring you still be on 3.41 to install the patched update (making it a CFW).
either way if you have 3.42 or 3.50 you're screwed. (unless they figure out a way to sign an update that will work from usb and allow it to install a cfw on retail ps3's VERY UNLIKLY if they had a way to sign it then we wouldn't need the usbkeys to begin with) i got 2 ps3, one for jb one for psn/3D blurays/gt5 ect!