It's hackable using the glitch reset exploit, and you can flash the drive as well if you have the proper tools to do so.
The glitch reset exploit isn't noob friendly yet, and it will never be a software based exploit; so, if you want to do it, I'd start working on your soldering skills.
Also, you cannot use freeboot or anything like that at the time with the glitch reset hack, so don't expect to be pirating games on it >.>
Once a hacked kernel is finished and released to the public, we'll have custom dashes and all kinds of things booting with this exploit, it's a lot closer than you think ;D