There's been quite a lot of work on this recently after an exploit was recently found in the 2.5/2.6 firmware although early releases bricked a lot of peoples PSPs.
A beta of the final release is here though and so far the reports are looking very good however it is still only recommended for use by people whose original firmware was 2.01 or below and definitely not for those with the newer TA-082 models (info on identifying whether you have one of these is in the link).
Probably worth waiting until the official 'final' release comes out but it's looking good
http://pspupdates.qj.net/-Breaking-N...g/49/aid/57594
Not tested this myself yet as I run 1.50
A beta of the final release is here though and so far the reports are looking very good however it is still only recommended for use by people whose original firmware was 2.01 or below and definitely not for those with the newer TA-082 models (info on identifying whether you have one of these is in the link).
Probably worth waiting until the official 'final' release comes out but it's looking good

http://pspupdates.qj.net/-Breaking-N...g/49/aid/57594
Not tested this myself yet as I run 1.50
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