this bypass works now, but won't work forever, so please do not update if you want to keep your homebrew capabilities, on the good news, Mathieulh has rewritten code of the ps3 jailbreak, allowing peek and poke in the memory (the geohot hack did this this with pulses on the board to glitch the memory) while this might not mean much for you guys lets just say its good news, and you all will understand why in one two weeks (if my theory is correct
)
so you guys that no how to compile sources to hex files can give it a go, and install in your dev board.
http://www.ps3hax.net/showthread.php?t=12931&page=10