http://psp.ign.com/
Apparently, you'll be tricked into getting updated firmware, pretty damn gay.
Anyways, cracking of the 1.5 is either real or it's a hoax. I'd like to know ahead of time because it will decide whether or not I'm going to be playing future UMD's.
I'm not asking for an answer on that, it's just how I feel, don't shit your pants mods.