PSP modchip on the way: 'Undiluted Platinum'

A new PSP modchip is reportedly ready to be released called "Undiluted Platinum" (UP). "This mod will act as a flash replacement system for the PSP which allow the use of previous flash updates or custom flash builds," reports MaxConsole. "Installation has been optimized to fit entirely inside PSP, this opens up the possibility to run unsigned Homebrew code on the latest PSP systems."