A few days ago, Geohot vowed ps3 owners not to upgrade to 3.21 and said he’s working on a workaround that will allow you to continue to play games online as well as keep your Linux partition.
Known for his exploits on the iPhone Geohot has definitely had his fair share of attention on the internet & this new development is sure to attract more. He posted a video on youtube demoing his custom 3.21 firmware hack while still having install OtherOS feature available in system settings. No release date for now but expect another announcement soon.
This is what he had to say on his blog,