As of the date of this document (2013), no. This is technically not legal. The Library of Congress exempted phones from the DCMA but not video game consoles.
I don't believe the ruling has changed since 2015.
> The Register also confirmed that the exemption for gamers should not extend to jailbreaking of console software because such jailbreaking is strongly associated with video game piracy.
I don't believe the ruling has changed since 2015.
> The Register also confirmed that the exemption for gamers should not extend to jailbreaking of console software because such jailbreaking is strongly associated with video game piracy.
https://copyright.gov/1201/2015/fedreg-publicinspectionFR.pd...