We already knew that the PS3 sceners were cooking something when the earlier news from one of PDX's nfos came out. Then, it said that PS3 these ISO dumps would be playable soon. How soon? Nobody knew. Well, it seems that one of the latest nfos on PDX's dump says that an ISO loader is already in the works, maybe even as far as the beta testing stage.

Now while we can't tell a lot more since we ourselves don't know much, I've received word from a friend that unlike what others say, the application might not come out at all. Strange yes, but definitely something which has happened in the past. On top of that, the exploit is most probably software based since we haven't heard of any hardware modifications. This means that the PS3 firmwares are going to be as flaky as the PSP ones, which indirectly means that Sony will have the difficult task of securing the PS3 firmware. And looking at the PSP firmware scene, we can see all too well that Sony won't be having a lot of fun.

Anyways, here are parts of the nfo which make it seem that something is cooking:

While we don't support piracy, the fact that there could be software exploits in the PS3 firmware makes it seem that PS3 owners could see native homebrew sooner than we think. The fact that they were able to make an ISO loader means that they have been able to compile and run applications on the Game OS.

Again, this being found on an NFO means that we can't trust it fully. Call me a cynic, but I'll believe it when I see it.