OK lads... any of you boys that have a PSP and you still haven't hacked the thing needs a good slap round the head!
Advantages of hacking a PSP -
Download and Run full PSP games (because I surely wouldnt pay £30 for a PSP title)
Download and run ANY ps1 title
Run classic emulators and roms (SNES, MegaDrive, Gameboy Advance, Sega CD, NES etc etc etc)
Customization of all menus, buttons, gameboot sequences etc etc
Tools like turn your PSP into a TV remote, send files to mobile phones etc
Myself and chief have been hacked about 7 or 8 PSPs with no problems what so ever, and numerous times we have re-flashed our own PSPs, downgrades and upgrades
So if any of you have a PSP and are stuck, post up your problems and we will help you out