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Hacking the PSP: Cool Hacks, Mods, and Customizations for the Sony Playstation Portable (ExtremeTech) Review by Stefan Kuhle
One caveat
At the time of the writing of this review, there is no hack to downgrade PSP firmware V2.81 or higher. Downgrading your PSP's firmware is essential for many (but not all) of the hacks provided in the book; e.g. running homebrew software won't work under V2.81+.
PSP firmware V2.81 was, I believe, released in the fall of 2006. The current version is V3.80. Thus, if you bought your PSP only recently, you may not be able to use a lot of the stuff in the book unless a hack for the newer versions becomes available.