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Yeah I just think that's what a lot of people are waiting for, despite it being unlikely.Permanent exploit as in coldboot is false hope. Its the same issue with the Switch lots of ppl would stay on old FW's thinking there would be a permanent solution, but in reality they are missing out on new content over something that may never happen.
5.05 on the other hand has a very good reason to stay on it, not just b/c of its stability, but the vast majority of homebrew support resides on that FW more so than others.
The reason everyone is suggesting the OP to update to 9.00 is b/c 7.55 has the worst exploit stability. Its not worth waiting for a coldboot when you have rest mode to keep the ps4 in cfw.
I personally don't recommend back-porting games yourself as its a trial & error sort of thing I used to do it myself when I was on 5.05, but got tired of failed attempts and just updated to 6.72 when it was the latest cfw. But if you have to use a BP game b/c your on a lower firmware there are sites that have them for download, but most of the time its a waiting game b/c you have to wait for someone to actually BP the games or updates.
All the more reason to be on 9.00 so you dont have to wait for a downgrade patch
I never had any save data issues with BP games, so I can't really speak on that.
Thanks for the reply there. My actual question is:
Can I install backported games/ updates without it causing an issue to my system, as I'm on FW9.00 but most PKGs I come across have been backported as like you said, 5.05 is like the golden FW.
Would appreciate help with that, I can't seem to get a clear yes, no or here's why anywhere! Thanks!