As most of you know the 3key and the soon to be released cobra ode are main competitors, but they both have downfalls. The 3key requires a modded ps3 to set it up, and the cobra ode is not out yet. But both devices are above a hundred dollars.

The E3 ODE is something completly differant.

We have not heard from the E3TEAM (E3DIY) group in a long time, but now they have suddenly reappeared with news of their own Optical Drive Emulator for PlayStation 3 users, and have released a short video showing their current prototype working on 4K consoles.

They currently promise units will be coming out soon next month, and will be able to offer them at an good price, with more videos and details to follow, but remember we already seen delays from the other two teams, and from the looks of this video, they are still in early stages, so it might be a while off before we see more updates from the E3Team on this ODE.

Here is their PR regarding the news: (rewritten a bit to make their english more clear)

E3 ODE, the Optical Drive Emulator made by E3TEAM, will be on the market at the beginning of next month.

It will support all PS3 models including the 3k and 4k consoles.

Please note:

1: The beta hardware shown in the video is based on PC, so the data translation speed is slow, about 100K/S.

2: The official retail version will be a small board, and can run games direct from USB stick and the speed is similar to your original blu-ray optical drive.

3: It will forsure work independently with NO need of a PC.

4: E3 ODE works on any OFW on all PS3, include 3k and 4k console.

5: We will also release an special E3 ODE CFW for E3 ODE, so homebrew can run on it directly (include 3k and 4k).

6: E3TEAM always tries do its best for our users, later on we will go public with our final specical price, we are sure the retail price will be lower than USD70.

7: We will release more details and videos later.

Here is video to demonstrate our beta hardware running on a 4K console: