So, what are the features?
1. In-XMB Recovery Mode: Meaning that you'll be able to do all the changes you do in the Recovery mode without rebooting your PSP.
2. SaveStates: This means you'll be able to save/load your games whenever and wherever you want to.
Save-states finally coming to PSP?! I knew Team M33 wouldn't lest us down on this one. Well, they never do.

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via: Exophase