Here is the guide for how to upgrade your P3FREE to the new firmware

For the P3FREE come with "F1/F2/F0" label:
#1. Download these 2 files first and install them:
Microsoft .Net Framework V4.0 :* http://www.microsoft.com/downloads/e...displaylang=es
Microsoft VC++ 2010* (x86) :* http://www.microsoft.com/downloads/e...3-37bf0912db84

Microchip USB HID Bootloade v2.6b :* http://www.box.net/shared/c5q6nutoyj/1/51414269/507869025/1
#2. After done, then download and run* this HID_Bootloader_2.6B



#3. Now insert the "F1/F2/F0"* version P3FREE,then press the RESET button (between 2 LEDs) once, after a while, it will can detect by this APP.



#4. Click the "Open Hex File", select the right firmware and open it.
(NOTE: WE DON'T OFFER ANY FIRMWARE , PLEASE GOOGLE IT, LIKE THE PSGRROVE FIRMWARE)



#5. Now click the "Program/Verify" button, when you see "verify Started", then mean it's upgrade complete.
Now the P3FREE should auto reset, and you will see one "Generic USB Hub" device appear in the hardware manager.


#6. Then how about now? You know it.

Source : http://psx-scene.com/forums/showthread.php?p=534207&posted=1#post534207
Where to buy upgradable P3Free for $24.98 : http://www.lightake.com/detail.do/sku.32510