News via http://www.xbox-scene.com/xbox1data/...uVNWPeNhcz.php

Ced2911, member of the LS-Team, released the first public version of FreePSX: a Playstation1 emulator for homebrew/JTAG 360s.
The GFX emulation is very good for most games, but there are still a few sound problems.
The release includes the full source-code for other developers who may want to help improving FreePSX.