Well, we’ve been keeping an eye on the chatter surrounding MaTiAz and his discovery of the GripShift exploit. It’s circulating as the “Sparta” exploit, due to the name being used in the original overwrite. Anyway: There’s no custom firmware out yet, but you can start kicking around the SDK that MaTiAz used to create a new homebrew “Hello World” token demo.

Fingers crossed for subsequent kernel mode access – we’ll keep you updated as the Internet gets hot about it. For now, this is a usermode exploit. Sony will definitely be taking steps to get in the way of this new…