Upgrade it to 2.80. Then use a 2.80 dowgrader . Check first if your PSP is a TA-082 before , because use a non-TA-82 dowgrader in a Ta-82 one will brick it !
An new exploit found in Lumines allows run unsigned code in any fw version now... so if you have a Lumines UMD you can just wait for a "generic" dowgrader.
And of course... NEVER update your firmware to versions higher than 3.50. Sony will fix this exploit in the next fw version.
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