ps3 jailbreak allows you to copy games that you put into your ps3 and then use them without the CD that's why all games now that come out for ps3 have a CD key for it so you cant copy it.
It basically allows third party applications to be played on your Sony PS3 system. If you jailbreak a PS3, you still can play online, although there's an almost certain risk that Sony will ban you from PSN, or brick up your PS3.
You jailbreak the firmware.
The PS3 account is not what you jailbreak. You must jailbreak the PS3 console
Yes, for sure, as long as you buy a PS jailbreak or PS3 break.
There is not a code like a cheat code for your PS3 Jailbreak
The reason behind the jailbreak is sometimes theft of software (PS3 Games) and that is illegal.
You have to jailbreak your PS3 otherwise you cant. but its hard to find a jailbreak download without a survey
You can Jailbreak a ps3 using software on a flash drive that costs around $150, use an android phone.
you can buy a PS jailbreak or ps3 break, just Google ps3 break `
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go to reddotcity.com
of course there are some hacking products like ps3 break, PS jailbreak and p3 hub and so on, you can even use your iPhone(if you have one) to jailbreak your PS3 sim.