Cobra usb dongle - making a copy of it

I like to copy the whole content of the cobra usb and make my own usb stick with the cobra functions.

They do the same with the ps3, unlocking features so it can do illegal things. (Im not against anything in the JB scene im just poiting out that what the cobra team does, is the same "wrong" as what i want when i clone their usb)

So can it be done?
Can i clone a cobra usb stick and make my own usb stick do the same as theirs?

I dont want to start a discussion that its illegal and that someting like that would be considered stealing. The cobra team is does the same thing if u look at it from Sony perspective...