I am pretty sure it does not, as it only uses the hard drive, it does not mess with the MotherBoard, as far as I have seen.
It is something that can get you banned
The answer is... you cant. only a ps3 firmware 3.55 or below can be jailbroken all the videos or websites claiming they have a 4.x jailbreak are fake. Your best bet is buying a cheap ps3 off eBay, jailbreaking it,then data transfer what ever you did to your 4.11
You can call it game share, but they are not licensed to be shared when purchased and it can get you banned. Worse it can only happen if someone is foolish enough to provide you with there account information. Asking for someones account information can also get you banned
Yes, it can happen, but it happens indirectly. Using the modded PSP can get the associated PSN banned, and that ban applies to anything that tries to log in to that PSN account. So an associated PS3 will find itself suspended from the PSN too if it uses that account.
Think of it this way: if you shouldn't do it, you can get banned for it.
In some areas of the world it is illegal. In some it is not. Right now in the U.S some areas have it banned and some don't. In Canada some provinces have it banned and some don't
Boosting your score is a form of cheating and cheating can get you banned
Yes, your console can get banned if you are found cheating online.
no you will be updated to 5.56
No it will not. except when it does instead get banned because yes hacking can get you banned
Yes, your console can "brick" - which practically means it is rendered useless due to an software update error. This error usually happens because you are updating from a jailbreak firmware to an official firmware. You also run the risk of being banned from Playstation Network. In this case, the entire console is banned and you can never play online with it again. Jailbreaking can be very useful if you want to get more out of your PS3. But you just need to be cautious when you do it. I don't even know if there is a jailbreak for 3.60.
I am pretty sure it does not, as it only uses the hard drive, it does not mess with the MotherBoard, as far as I have seen.
No they could always have viruses or you get get your ps3 banned from going online.
You can play with a modified connection, but if you use it to cheat you may get banned from PSN. As long as you are connected to the internet with your PS3 you will be able to play muiltiplayer games. However using a modified connection to cheat could get your account on PSN banned as well as your PS3 banned so you will not be able to play online with it ever again.
Have you ever looked at the reasons that you can be banned when you signed up. There is a very long list and can be found under the related question. When a person Jailbreaks a PS3 they do so to allow the PS3 to add new functions and many of them can get you banned. You have to ask yourself why you want to jailbreak your PS3 and that new activity is often what can get you banned. You really need to read the related question and you might find that they could already ban you for things that you regularly do.
Trust me dont do it your ps3 will get banned and wont work. Its not worth it trust me ive been there!