After just a few days since the release of Sony’s latest PSP firmware update, it has already been cracked and is now being emulated on PSPs with older firmware versions.

There are no news yet regarding the Playstation 1 emulator compatibility with this method, but even if there is, I doubt Sony will allow people to purchase and play games on 3.01 PSPs for very long.

It’s a never ending battle, instead of what could have been a long and prosperous relationship. People like to have homebrew software in their consoles, but they also enjoy great (and fun) games, and right now, if you buy a PSP, it doesn’t deliver much of those two.