Adrian, you make a valid point. A hack would be great, but the PS3 offers so much already that it has turned off many people to try to hack the system, since it can do just about everything already!Sponsored Links
And yes, the DEV's are still at work, although at a slower pace as of recent, with the holidays and all, they have real lives too! We have been looking very specifically into some "leftover" areas of the hardware, however there is yet nothing to report. As everyone knows, the security system is quite tight, even during initial manufacturing keys are exchanged and stored with every PS3 and Sony server's. Needless to say, the chain of trust is quite strong, the security team deserves a bonus!
We could post weekly saying there is no news, but that seems like quite a waste, don't want to get anyone's hopes up when there RSS reader shows a new PS3News DEV post, and it just says "nothing new to report".
Hopefully the new year will lead to some new interesting developments!