224w ago - Update: It's now confirmed as a fake, see HERE for details.
According to their Web site (linked above), Beta testing on the alleged Belzar PS3 Modchip is now complete, they have a fully working PS3 modchip and are ready to manufacture.
Of course, Hacktronics (same company) have also stated the Infectus Team is confirming the Belzar PS3 Modchip, however, the Infectus Admin Arakonreplied to their claim as follows:
"I'm quite sure it's fake. For years, noone got ANYTHING working on the ps3, and all of a sudden a company noone really knows supposedly has a chip ready that does EVERYTHING? No small steps, noone finding anything at all, just a chip out of nowhere that has every possible function? Highly unlikely."
From the Belzar update, to quote: "Belzar has finished beta testing, we have now sent the info and working chip to our manufacturers, and should be receiving a sample of the final retail product tomorrow, at which time we will take pictures, and place them on our site.
The retail product will come in 2 different versions, the Belzar Modchip, and the Belzar modchip lite, the only difference is that the lite version does not come with the USB interface to upgrade the firmware in the future, although it will come fully functional straight out of the box. Pricing and pictures to be released soon, Belzar.com"
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I approved this even though it's basically a rehash of what is posted in THIS thread, only because not everyone checks the Forums here.
That being said, I believe what the Infectus Admin Arakon stated myself... and from looking at both the Belzar and Hacktronics Web sites to me it appears like they are just trying to get link juice/ranking for certain keywords (PS3 Modchip, etc) through the spread of these BS news updates on sites like ours, QJ and so on... probably to flip for a profit to some company.
Of course I could be wrong, which is why we'll still cover the updates... but if they don't produce more proof than a stolen "installation video" (that doesn't even mention the Belzar Modchip) soon then it's safe to say their scheme is bound to backfire in the near future.