It is the same as the 3.50 spoof payload, tricking your console into thinking its on the latest firmware. This does not allow you to go online, or play newer games. The purpose of the spoof is to prevent your console from telling you to update, that’s all.

This update only stops you from updating to v3.55.

Unfortunately PSN and v3.50 firmware based games are still unavailable.
Which means and I must stated in  BOLD and in RED:

* NO ONLINE PSN GAME PLAYING

* NO GT5 (original or backup)

* NO N4S:HP (same as above)

* NO UNLOCKing YOUR PSN CONTENT

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