Well it is time to stop all speculation. Finally all the noobs can sit back and think of another way to annoy us. For all custom firmware fans(which includes everyone) http://www.psp-spot.com/ has posted that DAX has completed the new firmware minus him haveing a psp. no doubt this will be a long road to complete another awsome firmware. Have a Great Day note* this does not mean there is a downgrader coming out anytime soon for you idoits who upgraded past 3.03.