PS3 key, a PS3 jailbreak clone, is being developed.

[Saucycarpdog]

http://www.ps3hax.net/2010/08/ps3key-being-developed/

Don't tell me you didn't see this coming.

Here's the website.
http://ps3key.com/

 

[sircashews]

That's convenient I just found something on this.
http://www.smh.com.au/digital-life/games/sony-obtains-ban-on-ps3-jailbreak-hack-20100830-13yvq.html