To quote: Belzar.com can proudly say we have done what many other have failed to do, we have a fully working direct boot modchip at beta level, being tested right now.
The Belzar PS3 modchip, is the world's first modchip to direct boot Blueray back-ups, and is packed full of other useful features including, multi-region DVD, and Blueray movie playback.
Belzar PS3 Modchip Features:
• Works on all PS3 models
• Works on all PS3 regions (USA, JAP, PAL,)
• Direct Boot of PS3 original, import, and backup (copied) games
• Direct Boot of PS2 original, import, and backup (copied) games
• Supports multi-region Blueray Movie Playback
• Supports multi-region DVD Movie Playback
• No config disc needed - it just works!
• Transparent stealth operation
• Integrates proven belzar Intelligent Code Modifying System
• No awkward USB interface - just insert DVD and play!
• Supportsall upto date titles
• Ultra-low power consumption; does not interfere with normal PS3 operation
• Only 12 wires to solder
• No external PC/laptop needed
• Completely upgradeable firmware, via Belzars usb 2.0 interface
source: Rumor: Belzar - World's First PS3 Modchip Being Tested? - PS3 NEWS - PlayStation 3 News
So what do you guys think? It would be really cool if they do something like that. But i would still wait a bit longer when its out. Just for hearing what people say about it....



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couldn't agree more had that same argument at work on Friday well said.