quote from http://www.ps3gen.fr/ps-jailbreak-co...ite-13245.html
Translate French to english babelfish :Indeed, our Chipspain partner informed us that the famous PS Jailbreak TEAM had announced to them that d' here two weeks, the PS Jailbreak would be also compatible with firmwares 3.42 and 3.50, the latest to date thus. We can then imagine, for the moment, that this new functionality is possible thanks to an update of the PS current Jailbreak. The PS Jailbreak TEAM adds qu' Backup Manager 1.1 will also be born simultaneously, although l' contribution of this upgrade is not yet fully known. Obviously, l' information is to be taken with tweezers for the moment, but like says it Marc Levy, nothing n' is impossible!
At least let's HOPE!
PS. Chipspain is the first reseller i know they have INSTOCK PS JAILBREAK http://www.chipspain.com/es/consolas...on-3-5231.html ... and the lastest picture of the PS Jailbreak from eltorado comes from this reseller i think anyways ... i spread the words i i think chipstain is a good source and ps3gen.com is partner with that resseler .. ... sorrry for my bad english!