The most common loader is umd emulator
but now theres alot of loaders out there
some games wont work unless you use specific loaders.
Some loaders are available here http://www.psp-hacks.com/category/13 for other games (newer ones) youll need to go to ps2nfo and get their packs.
Some isos you can make smaller by ripping them others just wont get much smaller.
Some people use Dax iso loader which can compress it even smaller,
but firstly try the umdripper and umdgen combo
extract iso with WinRAR point UMDripper to PSP_GAME rip dummy data drag n drop PSP_GAME & UMD_DATA.bin to right hand side of umdgen to rebuild the iso
get tools here
http://www.psp-hacks.com/category/11
I need to make my PSP not run UMDS!! I kinda pixel fried my friends 2.7 so i told sony that it wont read UMDS *It does* And they are coming in the morning...HELP!
I have to give props for pouring sugar into your PSP dude, you should have videod it and put it on YouTube. There's a vid on there of some japanese guys smashing the living shit out of a PSP and running it over in their car.