A hearing to decide the fate of the PS3 modchip, the X3JailBreak, that was scheduled to take place on August 31 in Australia has been delayed, according to a Kotaku report. Apparently the presiding judge, Justice Kenny, wasn't able to make the hearing. The court has pushed the hearing to Friday, Sept. 3.
An Australian Federal court injunction was put in place to keep the USB device off the market as the court gets ready to hears Sony's arguments. The injunction is extended until the Sept. 3 hearing.
According to the X3Jailbreak website, the device is a "USB plug and play solution that installs in seconds, keeping your valid warranty seal in tact," and is "Compatible with all production models FAT and SLIM. The device also “supports all regions: USA, JAP, PAL and KOREA." It also supports "all games" and supports homebrew applications.
The sticking point for Sony is that it allows for region free gameplay, the ability to play copies of games (many of which come from P2P sites) and supports software (homebrew) that is not authorized or approved by Sony.
If Sony's arguments aren't strong enough to sway the courts, then the X3JailBreak will be in stores fairly soon. Stay tuned.