Hey i not long ago found this on the Noobz.eu website yes a 3.10-3.50 homebrew enabler they soon say the downgarder will be released this is what they said
The All-Seeing Eye is watching you...
Following research in conjunction with Archaemic, Noobz are proud to present the first ever all-firmware exploit for the PSP. Based on Lumines, the "Illuminati" exploit is a user-mode exploit using a buffer overflow in the savedata file - similar to the GTA exploit.
That's right - if you've got a legal UMD copy of Lumines, then you can run homebrew on your PSP - whatever the firmware version. That includes v3.50! Right now, the only homebrew is the Hello World demo released below - but in future we intend to release a HEN and downgrader.
To make the exploit work:
Check that you have an EU or US version of Lumines (ULES00043 or ULUS10002). Currently we don't have a version for the Japanese version, but we're working on it, as soon as we get hold of a Japanese UMD.
Extract the contents of the 'MS_ROOT' folder from the ZIP file into the top-level of your memory stick. (HINT: If you wind up with an 'MS_ROOT' folder on the stick, you've done it wrong).
Start the game, and as soon as it gets to the 'Press START' screen, press START. If you wait until the demo has started, the exploit may not work.
The screen should go blank, and the exploit will start after a few moments. It doesn't do anything except look pretty at this stage - but feel free to enjoy the first homebrew on your v3.10 - v3.50 PSP
Here's a picture of the exploit in action:
If you don't own a copy of Lumines, why not go and buy one? It's cheap these days
So there you go =] wait no longer people over 3.03!
There is a downlaod to the exploit on the page from noobz.eu heres the link
