Currently it is getting mixed results with different PS3 Custom Firmware (CFW) versions, including a working confirmation from StanSmith and a non-working report from MiNDTH3G4P.
Feel free to give them a try and post your results (with the PS3 Firmware and version details you are using) in our ongoing thread.
Note: As posted by Easton999GS, be sure to run this application in 1080i NOT 720p or it will black screen on you!
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!
There is something I want to understand, when I use this, sony won't be able to see my Console ID? But won't they still be able to ban my PSN account? If that's the case, wouldn't having an undetectable Console ID actually make It more obvious you're on CFW and end up increasing the chance of getting the account banned?