Well if you haven't heard by now there has been a hole found in the 2.0 firmware that allows you to run small portions of code. And with this hole some very clever people have made it possible for 2.0 PSP's to be succesfully downgraded to 1.5. (SWEET!) This will then open up homebrew to you once again. I for one am going to try it out even though there is a slight chance of breaking the PSP. With this new exploit there will probably be a firmware 2.1 or something released with new features and a patch. (I won't fall for it again though.)
Successful 2.0 to 1.5 downgrader
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