QUOTE(SNAAAKE @ Jan 16 2011, 02:31 PM)
I have a similar question too. is it safe to install this cfw and not get banned from psn? I dont care about playing backups and have legit games but I am curious about homebrew stuff.
They are not banning yet. But they will know if you load homebrew. The PS3 phones home all the time to send reports of what apps are being loaded and other data that tells them that your console is able to load homebrew.
As of now they are not banning consoles even though they know what ones are using homebrew. but I am sure at some point this will change since now they pretty much have no other choice for trying to block homebrew and backups on even retail firmware.