Hacking Couple questions

TavisC

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I've been looking at jailbreaking my PS3 for a while. I'm pretty sure I want to do it, but I have a couple questions. I've read the guide, and realize that I need to downgrade to 3.55. I have a Slim, purchased around September 2011, running 4.01. Is it possible/easy to downgrade? I've heard of horror stories regarding the PS3 and bricking it. I know I can't connect to the PSN, or I'll get banned, but I use my PS3 for Netflix. If I jailbreak, do I lose the use of Netflix? If so, that's a major strike against jailbreaking, at least for now. Finally, I know if I do get the CFQ, I need something like multiMAN in order to play backups, right? Am I missing anything obvious?
 

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