A new MotorStorm exploit has been discovered by MysticHades who claims that he was successful in running PS3 backup games via image files burned on Blu-Ray, he also posted a video on YouTube showing the PS3 Hack. The hack has been tested on PS3 40/60/80 GB with three games Burnout Paradise, Killzone 2 and PES 2008 as of now.
Video of PS3 Playing Backup Games:
There’s also a chance that all of this might be fake, we will keep you updated.
via PS3news
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The method here http://surreystore.com/Forums/games-reviews/how-to-jailbreak-ps3-to-play-backed-up-games/
worked for me