I stumbled upon this PSJailbreak site earlier and they claimed their product is The worlds only plug and play USB chipset and you can run your favorite game without needing your original PS3 game as it can transfer to your PS3 internal hard drive and they even expect those custom apps programmers to take advantage and use their homebrew enabler.
PS Jailbreak Features
– PS Jailbreak is a USB plug and play solution that installs in seconds, keeping your valid warranty seal in tact.
– Easy to use installer and GUI takes you step by step.
– Compatible with all production models FAT and SLIM. Supports all regions: USA, JAP, PAL and KOREA
– PS Jailbreak disables forced software updates and will never brick your console.
– Supports all games (it does not allow backups of bluray movies , dvd movies , or past consoles games)
– Backup games to your internal hard drive or external hard drive through USB, and boot directly off GUI. Eliminating the need for expensive blueray burners and costly blank media.
– Play backups off your hard drives 2x as fast as off the blueray drive. This eliminates lags and glitches to provide you with smoother game play.
– Open up your console to a new generation of homebrew applications. Load homebrew apps/games off any USB hard drive/flash drive.
– Fully updatable with new features/updates by connecting PS Jailbreak to any computers USB port.
More of it at PSjailbreak website