■ Playstation 3 jailbreak 4.50 and 4.46 cfw/ofw is very easy in use . How to jailbreak your playstation 3 is on video. This PS3 jailbreak 4.50 will works for all current versions(09.07.2014) of the PlayStation 3.
■ The latest PS3 jailbreak 4.50 is available for download. By following my steps it can be downloaded and installed within a short time and can be made ready for gaming.
■ Download this zip: http://bit.ly/ps3Break
►Short Instruction:
STEP 1: Plug a USB stick into your computer
STEP 2: Create a folder in the root of the USB stick called PS3
STEP 3: Create a folder inside the PS3 folder called UPDATE
STEP 4: Move PS3UPDAT.PUP to the directory UPDATE that you just created on the USB stick
STEP 5: Plug the USB stick into your PS3
STEP 6: Navigate to Settings Tab

STEP 7: After less than a minute, your PS3 will update, beep 4 times then shut down.
STEP 8: Power up your PS3 (You will have to do it on the console and not by the controller)
STEP 9: Your PS3 is now jailbroken!