An anonymous reader writes "PS3 security has been compromised again. The holy grail of the PS3 security encryption keys — LV0 keys — have been found and leaked into the wild. For the homebrew community, this means deeper access into the PS3: the possibility of custom (or modified) firmware up to the most recent version, the possibility of bypassing PS3 hypervisor for installing GNU/Linux with full hardware access, dual firmware booting, homebrew advanced recovery (on the molds of Bootmii on Wii), and more. It might lead to more rampant piracy too, because the LV0 keys could facilitate the discovering of the newer games' encryption keys, ones that require newer firmware."
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