My usual daily internet round up lead me to this site stating they have a working PS3 modchip.
Too good to be true? well only time can tell.

 According to the site, Belzar the world first full-fledged direct boot modchip for the PS3 that is packed full of useful features including multi-region DVD and blu-ray movie playback is now being tested by 50 beta testers for final bug testing.

Belzar PS3 Modchip features:

• Works on all PS3 models
• Works on all PS3 regions (USA, JAP, PAL,)
• Direct Boot of PS3 original, import, and backup (copied) games
• Direct Boot of PS2 original, import, and backup (copied) games
• Supports multi-region Blueray Movie Playback
• Supports multi-region DVD Movie Playback
• No config disc needed – it just works!
• Transparent stealth operation
• Integrates proven belzar Intelligent Code Modifying System
• No awkward USB interface – just insert DVD and play!
• Supportsall upto date titles
• Ultra-low power consumption; does not interfere with normal PS3 operation
• Only 12 wires to solder
• No external PC/laptop needed
• completely upgradeable firmware, via Belzars usb 2.0 interface

PS: PS3 games are around 25-50gb, how long will it take you to download or even upload ? Which sites will allow that amount ?  Which ISP will let you download let’s say 3 ps3 games in a month ? around 100gb ?

For me i think the high capacity of the PS3 discs is the real easy yet effective solution for piracy .

What are your thoughts ?