Some dude, geohot, has put in a LOT of work to get hypervisor level access to the PS3 hardware. He's been working on it for quite some time - Sony have put together a very good and well protected system....
Read More

John Nack, at Adobe, posts a very well written and argued article on why flash isn't the best solution in the world, why open standards are a good thing, why flash is problematic and why there are no better solutions...
Read More