This seems like a great week indeed for people who choose to use their Sony PSP like it was never intended to be used. After the PSP community rejoiced earlier about the 2.60 exploit that had been found, making it capable of accessing the kernel in updated PSP models, a stable 1.50 downgrader program has been launched.
Source:
PSP Updates
Update: It appears that shorty after posting this, a similar article was posted on Slashdot and in affect has taken down the PSP Updates website.












