Hacker George “GeoHot” Hotz, who along with the fail0verflow team have in the past week cracked the PS3 wide open, has posted up a video showing the exploits in action.
https://lastchance.cc/the-ps3-may-have-just-had-its-front-door-kicked-in-452571548%3C/a%3E%3C/p%3E
As soon as people can whip up some decent homebrew applications, at any rate.