Check this bit of coolness out:

Today loser over at PSDev found out a new device name called lflash: which gives you block access to all 32 megs of the flash. It also opens the device with read/write access.Good News: Downgrading your firmware to v1.0 seems a lot more doable. My guess is in the next several days we will see something to downgrade PSP firmware. Then Sony will make a patch so this can’t happen any more. Bad News: Someone could write to your PSP’s flash making it into a doorstop (unless the Good news above is made then it should be fairly easy to repair.

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