> I didn't think you could get homebrew or emulation working on PSPs
>
> How do you do it? Is it easy?
>
> I wasn't going to get one for a while because of lack of games for the price.
> But if MAME and other emulators being ported... I might have to take a closer
> look...
>

For now only the first japanese psp with 1.0 firmware can run homebrews but there are rumors that an exploit has been found for the 1.5 firmware. You can check psphacker to have news on emulators that are being ported on the psp.