PS3 Firmware Update 3.42 Now Live; Kills Exploits [Update]
A surprise firmware update, system software 3.42 has now hit the PlayStation 3 and is available for download now.
At the moment it’s not clear what this minor firmware update does, but we’ll be sure to update this article as soon as we figure out exactly what it entails. However, if we had to take a guess, we would assume that this is related to all the “PSJailbreaking” that has gone on as of late.
[Update] According to reports around the web, this mandatory 3.42 firmware update kills the functionality of all the recent major PS3 exploits such as PSJailbreak, PSGroove, etc.