“Downgrade Psp?” you ask, what the heck is that? Well if you have had your Psp for a little while now you might have heard of a Downgrade or downgrading you Psp. When referring to a Downgrade you are talking about returning your PSP firmware to an earlier version which had exploits that certain smart people could take advantage of, in this case we are talking about version 1.50.
When Sony found out that there were exploits that could enable people to play games that weren’t released by Sony themselves they released Firmware Updates (this was known as Upgrading your PSP) in the hope that this would make PSP users only purchase Sony UMD Games and Sony UMD Movies. Much to the annoyance of Sony when they started releasing firmware updates people started to try and find ways to hack the firmware so they could return the PSP back to a 1.50 which would once again allow them to play other games.
These other games and applications are known as “Homebrew” and are developed by programmers who want to release these games and applications free of charge to other PSP users around the world. This is the big attraction of a PSP Downgrade and is why...