PSN Ban: Sony detects spoofed firmware / homebrew → Console ID / Account ban.
Legal (DMCA / EUCD): Circumventing encryption (lv0 keys) is illegal in US/EU/JP.
No Benefit: 3.66+ runs all retail games. Homebrew/Backup managers work on 4.90+ (HEN/CFW) without downgrade.
Modern PS3 Homebrew Path (No Downgrade Needed)
Be on latest OFW (4.91+).
Install HEN (Homebrew Enabler) via PS3Xploit (web browser exploit) → HAN (Homebrew ANabler) for non-CFW models (Super Slim, late Slim).
Or, if compatible (CECH-20xx/21xx/25xx NOR, early 3000), install CFW (Rebug, Evilnat, Ferrox) via PS3Xploit Flash Writer — still no downgrade, patches current firmware.
Run webMAN MOD, multiMAN, RetroArch, PKG games on current firmware.