For CFW Capable PS3 Models Only . The toolset is a set of tools, it features tools like the Flash Memory Manager (FMM) used to patch the PS3 for CFW installation's from Official Firmware
PS3HEN is CFW like experience for PS3 Models that can not install a CFW (nonCFW models - late SLIM and SuperSlim Models). (Note: this is not PS3xploit HAN which is not outdated with the release of PS3HEN)