As expected GeoHot has finally pwned Sony PS3 posting METLDR root key publicly. The "root-key" or “private key” is used by the console to block unauthorized access to system-critical portions of the internal firmware effectively preventing piracy and hacking. Giving credits to German hackers fail0verflow for "asymmetric half" GeoHot posted the keys opening PS3 gates for developers, hackers, crackers and pirates to exploit it as per their will.

~geohot

props to fail0verflow for the asymmetric half
no donate link, just use this info wisely
i do not condone piracy

if you want your next console to be secure, get in touch with me. any of you 3.
it'd be fun to be on the other side.

...and this is a real self, hello world
although it's not NPDRM, so it won't run off the hard drive
shouts to the guys who did PSL1GHT
without you, I couldn't release this

first piece of homebrew you can run
put in service mode, put on usb stick, boot