Hi I've read a few pages and am unfamiliar with the advantages this might bring.
Can someone simplify and state the possible advantages of this? Thanks lol.
Well with this you can turn your console into a Dev console, you cannot go online with a Dev machine though. The advantages are being able to upgrade from 3.55 all the way to the latest leaked dev firmware and that one as far as I know is 4.11. On that dev firmware you can run I think any game that is currently out right now from the hard drive.
Dev consoles can run unsigned code so it also helps with that, its almost 1AM and my brain is pretty tired. There are a ton of advantages for piracy not much in the way of homebrew (I still think it will have some advantages for homebrew but very few.) I am sure I am missing some stuff as I really haven't bothered even playing with my PS3 after I played around with the 3.55 CFW for a week or two I got bored with it.
I might mess with it in a couple of weeks when I get more time, just to see what I can do with it
Oh also on a Dev machine you can downgrade all the way back to what ever firmware your machine launched with (in my case it would be what ever a 20GB BC phat launched with in the US.)