While I'm happy the console has been hacked, so far all it's done is allow people to cheat online which is a load of S**t! MW2 has become unplayable and i expect other games to follow suit soon. Why does anyone need a hacked PS3 working on PSN anyway? To cheat of course or come up with some bulls**t excuse like using homebrew online.
Hack the console by all means, but don't use it to cheat online, because all that does is ruin great games and show to the rest of the onine players that your the type of person who would rage quit whle playin a game normaly without Hacks.