Silent_Buddha
Legend
Only real hack with 360 is with the DVD firmware, anything else is either impossible or not something your average user will attempt like soldering etc. PS3 is the same except BD firmware is also encrypted and can be updated with a system firmware update. So an easy hack like that is impossible on the PS3.
These are much more complicated systems with a lot more money poured into them, it'll take a lot of manpower to do something. Not to mention you'd be banned from Live/PSN if you did it anyways.
Well, 360 has been hacked and is able to load Linux and run homebrew now. But as you said it requires some fairly decent soldering skills as well as having a console where "fuses" in the CPU haven't been blown by Microsoft yet. The new kernel blows a "fuse" in older X360 CPUs to render the hack unworkable.
And just as unfortunately, uses for piracy followed closely with DLC and Live Arcade games being piratable now. /sigh...
But at least MS seems to have though forward about the possibility and build in protections they can activate retroactively even on launch consoles. And they seem to be capable to detect hacked DVD firmware as soon as a console connects online now. Although again, hackers are working on trying to figure out what MS is detecting and how to hide it.
Regards,
SB