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Idea for how to hack newer firmware on ps3

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The info has been going around that the new "lvl0" hack will allow signing and modding of any code.

I was wondering if that would make it possible to use it to take a 3.55 firmware and mod/sign it as say a 4.40 firmware so that it would trick the ps3 into thinking that it was upgrading to a new firmware.

In theory that should get around the issue of the ps3 not allowing a downgrade because it would think that the firmware is newer than what is already on the system.

I know that there will be a lot of people with an opinion on this - but what would be nice is if a known coder could answer this and tell me why it either can or cannot be done.

Thanks

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