well obviously wait it out and see what happens to other ppls consoles, i do that with legit FW updates even but my question is will this CFW allow me to change my firmware to another CFW from another group (like demonhades) if another OFW update isent released by than (allowing the normal .pup flash)
i'm almost positive that geohot won't allow anything i'm interested in to run like emulation and such hes already stated hes agains piracy and in order to actually pirate we would need the ability to run unsighned code like emulation and things like that (which is what i like).
as far as bans from PSN i don't see that one happening nothing like that ever happened to PSP what so ever so i doubt sony will take action on the PS3 (like baning a PSN/console) they'll just launch another OFW to counter it like thay did with PSP and well be playing this constant game of cat and mouse (hacker and sony) for them to shut us down and out again just like with the PSP.
Now that this is done. I hope that he will start sharing all his findings so that all dev's can work together to do what people have asked for for a long time! Refer to the thread "What do you hope to see when the PS3 is hacked?".
This surely must be one step closer. I reckon to keep abreast of $ony, now is the time for him and all dev's to get closer and stand together and share more findings as it comes along - obviously in a closed environment where their findings are protected untill they feel the need to make it public. Well done to him...
ok now this starts to get interesting.... i realy hope that geohot will share how he has done this but not with the open comunity maybe a small group of Devs that could help him work twards ethical goal (Full RSX support in linux).
but back to the subject at hand this means one of two things geo has figured out how to run unsigned code (opening up ps3 to a number of aplications) or he has mearly mashed 3.15 and 3.21 together and sumhow managed to keep the signatures intact. either way this could be our golden ticket into flashing a other custom code into the firmware.