I think that the problem of most of you would be the price as it's available on OzmodChips for $169 and this is not a cheap price for hacking a PS3! Whatever, I think it works as guys on Elotrolado an Redboxmodds has already tested the delivered chips and it works perfect!
To get your PS3 hacked, you have to pre-order this modchip from OzmodoChips from here and it will be arrived by August 27th, after that you will need to follow instructions over at PS Jailbreak to install the backup manager which will allow you to dump games into the PlayStation! Stay tuned for any updates and results after receiving the modchip!
You have to check out this:
How to: Jailbreak PlayStation 3 (PS3) With PS Jailbreak.
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