1. if you are planning on downgrading all the way back to 1.50 (wich i see no point of.) than what you need to do is
{
1.Have a copy of the 1.50 firmware available. Rename it UPDATE.PBP and place it in the RECOVERY folder if it doesn't exist make it.
2.Place the RECOVERY folder into the directory /PSP/GAME/ on your PSP.
Turn off your PSP, then turn is back on again while holding the Right Shoulder Trigger button. This will put it into Recovery mode (you must fully shut the psp down by a) holding the power button up until it turns off or b). removing the battery and putting it back in.)
3.From the Recovery menu, run the Recovery software (it will prompt you to run the program in /PSP/GAME/RECOVERY). To run it click on run program at (recovery..... etc.)
4.Follow the instructions, and you'll be back to Firmware 1.50. Your PSP will reset its settings back to factory default, so you'll have to set up your WI-FI and such, but it should work just fine.
To go to a different custom firmware just run the installer again.
}
2.you put them in GAME150. what each of these folders do is the GAME150 one runs homebrew and things that would run on a 1.50 psp GAME340 runs stuff that would run on a 3.40 psp. All of the stff is still accessed from the game menu.
3. i did not understand the question but i recommend that you just install 3.03 OE-C. It has the best psx capabilaties and the best for changing icons and things.
How to install:
get the official firmware from dark-alex.org and follow the enclosed instructions.
i have enclosed the 1.50 eboot so STOP POSTING THESE THREADS!!!!! THERE ARE LIKE HALF A MILLION WITH THE EXACT SAME THING AS THIS JUST LOOK AT THOSE!!!!!!!!!!!!
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