The Bluedisk CFW may not last long at all. The DRM CFW has been officially cracked by scene developers.. The DRM protection it had has been removed and is no longer needed so that means no CDKEY is needed or that nonsense process of waiting for a CDKEY. So that means that process was nothing but a shame. We don't know what they planned to do. But thankfully we may not have to find out. Below is a quote from ps3crunch.net
if(memcmp(eid0_section0, first_encrypt_0x10_bytes, 0x10)!=0)fail();
To remove eid0 binding, replace the aim_spu_module.self Iso module from unpatched OFW 4.25 one (tested, it works).
BlueDisk CFW 4.25 has been officially released. This is not the CFW you have been hearing about in deank's multiMAN releases of recent. See below for all information, We will update this post with all information we receive. Its still unclear if this will be a fee based CFW or if just the updates are free, anyhow you need a "CDKEY" to be able to install the CFW see details below.
* Note i would proceed with caution until others (trusted developers) have tested and reviewed. Use at your own risk!
From BlueDisk Official Webiste
Bluedisk CFW allows you play all games from internal HDD and external USB DISK.
With Bluedisk CFW, You can update to new OFW or CFW from USB DISK, and also can downgrade to CFW3.55 from USB DISK freely.
Bluedisk Team will add extra functions on CFW like PS2/PSX games , cheating system supported etc.
Bluedisk Team will update CFW quickly if new OFW updated, it is a free download for Bluedisk CFW users.
All software is free for download, users only need the software CDKEY to run it.
The Bluedisk CFW Upgrader require console based on FW3.55, any higher FW need downgraded to 3.55 first.
PS: If you install wrong CFW4.25 and console bricked, you can downgrade to CFW3.55checkoff directly with hardware tool .
Play All PS3 games from any USB media, download and play directly
Play PSN with latest CFW
Download and upgrade CFW from USB disk, easily and quickly
Downgrade to CFW3.55 from CFW4.25 by USB disk , easily and quickly
Update to latest CFW in a short time when new OFW released
All update is free include future new function like PS2/PSX game supported
Works on 3.55FW console, any higher FW need downgrade to 3.55FW first
CDKEY is needed to run Bluedisk CFW Upgrader
One CDKEY for one console only
The customized CFW can't used on other console
GaryOPA @ PS3crunch had this to say:
So first we did a bunch of tests to make sure it was real, before posting the news, and suprize suprize it is, and we now have PS3 running v4.25 CFW.
last month we send CFW4.21 to a china forum to test and works well .
Now we release our latest Bluedisk CFW upgrader to download CFW4.25.
With CFW4.25, you can play all PS3 games and PSN well .
You can go our offiical wel www.bluedisk-cfw.com to know details .
here we send you 3 free CD KEY to download the CFW4.25
and also user can email us to get free CD KEY .
Second bad news, we were given 3 FREE CDKEY's to test their firmware release, and details are not clear on what their plans are on how this part is being handled, or if it is totally free (even tho it says 'user can email us to get free CD KEY), but basically you are forced to email them, and somehow you get a CDKEY, then type it into their PC APP, it checks it, and then asks for your dump of EID0.BIN from your PS3 (you will find the tools to do so on their website), their PC APP checks that file, and then slowly sends you a customized PUP file for your PS3 only.
Third bad news, because of their DRM-ed PUP idea, you need to be on CFW v3.55 to dump the EID0 so they can fix the PUP up to only work on the PS3 which matches it, and also once that CDKEY you get from them is used, you can't use it again.
Welcome to round two of DRM, in this case it great as you get v4.25 support, and online works great and no need for patched eboots, so no waiting for the latest game, just rip your original game, and no need for a costly dongle, so hopefully if they are infact charging somehow for the CDKEY it is very low price, but on their website it not clear, the only time FREE is used is that all upgrades are FREE, so if you on CFW v4.25 and Sony comes up with v4.50, they promised to release it soon afterwards and you can upgrade to it, without the need of another new CDKEY from them as long as you installing on the same PS3 matching the EID0 dump that the first PUP was customized to match to.
That is all the info we have now on it folks, so for more info visit their official website, but nothing to worry it is real as, we spend all afternoon, evening, and night, testing it, checking their PC APP, and its clean, legit, PUP file installs fine, we even tested it on PS3 that was downgraded to v3.55 and it works on it also, the only thing lacking right now is good support for a new backup manager to play the games perfectly, and of course you have to be already running CFW v3.55 to upgrade to 'Bluedisk-CFW', so if you stuck running OFW on console which can't be downgraded, you are out-of-luck, and it hopefully the support behind 'Bluedisk-CFW' is good, incase Sony updates in the near future, but for now you can play games that don't have patched v3.55 eboot that need a new CFW like 'Sleeping Dogs' and others, and still for now go online and purchase items from the PSN store.
Official BlueDisk CFW website