Finally, Sony PlayStation 3 has been hacked successfully to run PS3 games without the original disks using a ModChip. This ModChip is USB based andcalled PS Jailbreak. It is designed for the latest PS3 firmware version 3.41 and also works on old firmware versions.
The PS3 ModeChip is available to pre-order and will be shipped and arrive around August 27th and than you are free to run PS3 games without original disks. But PS Jailbreak has price tag of $169 and many users will find it expensive to hack PS3.
If you are still interested to get this ModChip, you can pre-order it from OzmodoChips and than you need to follow some stated at PS Jailbreak.
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