Gasp!

Originally from here: http://www.only4.info/psp-dev/

BREAKiNG NEWS: Homebrew on v1.50 PSP! Posted By: PS2NFO.COM On Today 02:22 AM

CybBlade of our Forums (and iRC EFnet #PS2Ownz) confirmed tonight that PsP-Dev now have a working v1.50 exploit for running "homebrew" or unsigned code from it, similar to what NEM did for v1.00 firmware PSP users. A brief video of this in action can be found on their Web site HERE for those interested, and on 6/15/2005 (15:00 GTM+1) they plan to publically disclose the method used in Tutorial format to the world! We at Team PS2NFO congratulate our Spanish affiliates, and look forward to LOTS of nice "homebrew" releases to follow along with even more UMD dumps! Please post all related feedback on this VERY COOL news in THIS on-going Forum thread. Finally, we'd like to make it known that the legitimacy of this news has already been 100% confirmed by myself via high-ranking scene elders... so no, this is NOT another "fake video" nor publicity stunt- it's REAL!

Yay

And this means what?

Snes, Genesis, Nes, Gameboy, and more emulators for PSP

Also, you'll be able to download PSP games and put them on it.

America! Fuck yeah!

Republicans! Sportsmanship! Books!

How is piracy anything to be congratulating? It's theft, plain and simple.

Well, the point are the emulators. I'd actually prefer if you couldn't load PSP games on it.

Even so, a large portion of that is still theft. A big percentage of the NES, SNES and N64 libraries are going to become profitable items again, due to the download features of the Revolution. That's theft of sales, and there's no reasonable excuse for it.