If Sony release a ps1 emu, the firmware that they release it on is guna do hardware checks for things like the modchip, and other checks could look for devhook...so i don't know...i might have to buy another psp again when this comes out in october...
ps: no i would not give up homebrew for this emu, jwhy not download a px1 emu 4 pc and use bittorrent to get some games...ha