PS2 Exploit Found

[Cyber Akuma]

http://www.0xd6.org/ps2-independence.html

Apparently this tells how if you have a memorycard link and a legal PS1 disk to load unsigned code, theres some things I dont understand though

1. Will this only load PS1 games on a PS2 or will it also work with PS2 Games?

2. Is there any way to get that hacked save onto my memorycard if I have a Xport/Sharkport?

3. I dont completely understand the procedure to get something to load using this, how do I use it?

Thanks in advance