The good news? Others whom GeoHot shared the PS3 METLDR info and LV2 dump with are currently using his work to continue hacking the PS3 console, with rumors from IRC (for what those are worth LOL) indicating a public "end-user" PS3 hack may arrive before September 2010 from their camp.
Unfortunately though, just like the past Dark_AleX and "M33" PSP releases, an incoming PS3 hack will probably be from a fictitious group and won't include anything useful to PS3 Devs such as dumps, reversals, sourcecode, etc.
Hopefully once a hole that Sony can't block is public, other PlayStation 3 Devs will begin working on the PS3 though... and sharing all the juicy the technical details along the way for others who wish to learn.
This will help ensure the PS3 scene won't fall victim to the hypocritical and ridiculous "anti-piracy, users deserve nothing" attitude that began the downfall and led to the fate of the current PSP scene.
To quote: His PS3 username, Twitter account, and blog are all now shut down. His last tweet said, "it was a cool ride, and i've learned a lot about a lot. perhaps one of these days i'll do a more formal goodbye."
Along with that post, he wrote in his blog explaining his reasons for retiring from the scene. He says that he "didn't fully realize most of the current scene don't care unless they are getting something," but now he does.
He then continued a bit more in his post with the following: "The real reason behind no release isn't technical. It's just that it will never stop, after blackra1n, people demand unlock, after blacksn0w, people demand untethered. I miss the days when jailbreaking and unlocking were difficult, it attracted a much higher caliber crowd."
Stay tuned for more PS3 Hacks and PS3 CFW news, follow us on Twitter and be sure to drop by the PS3 Hacks and PS3 Custom Firmware Forums for the latest PlayStation 3 scene updates and homebrew releases!
I didnt follow everything but I don't know what to think about how everyone was celebrating his arrival to the PS3 scene and now is acting like they don't want him anymore. Some might say the whole "cool ride" cost the OtherOS functionality. Didn't get much out of it, either.
But it's hard for me to sympathize when I know he's right about the end-users who were bugging him. Most of them just want to pirate games, or "play backups" if you like to sugarcoat things. A lot gamers in this industry have huge entitlement issues as they likely do not understand the value of a dollar, but this is nothing we haven't discussed already.
I'll continue to hope we can edit save files in the future but it isn't easy to say how things will go now.
There was a lot of spamming on his blog, there were in fact loads of people that offered to moderate it for him! He made lots of announcements on his blog about cfw with other os etc and i got the impression that it was a bit beyond him!
Although he has opened the door for others, but he did make promises to the public who were following him, and never delivered and that i beleive was his mistake.
you know i'm starting to get things like they are geohot wanted a challenge and what better challenge for a hacker than hacking the ps3 and all he did was release it public and cause of that otheros is no longer availlable.
what i'm trying to explain for everyone is that they have to be patient, i've they want their ps3 hacked and hopefully we get a softmod which i highly don't think so since all the hacks so far for the ps3 has been by hardware so if geohot releases a custom firmware that has to install by busting open your ps3 then will you do it or will you then ask for it to be done without having to do it.
this is the best news i ve read at this morning!!! thanks god you took this guy!!! thanks to him we dont have otheros anymore!!! any way if he leaves we don't care.. we don't need him!!! we don't need a faker , egocentric and bad "hacker" anyway the ps3 can wait a better hacker and wee too.
español :esta es la mejor noticia que he leido esta mañana!!! gracias diso por llevarte a este tipo , gracias a el ya no tenemos OTHEROS , de todos modos si el se larga , ya no nos interesa , y no lo necesitamos , no necesitamos a un falso mentiroso egocentrico y mal "hacker" de todas formas la ps3 puede esperar a un hacker de verdad y nosotros tambien .
He means Mathieu Hervais (Mathieulh) of course, but I remember reading a post on this site with ~7 names or something.
As already stated in OP's post, comments on IRC are nothing we should rely on. But hey, at least it looks like they're still working on it. I feared they stopped, and now they even aim for a release this year. A blessing in disguise.