Upgrade to 3.40 OE-A(custom firmware), get Daedalus R12, get DGEN, get SNES9xTYL, get gpSP, and on 3.40 OE-A there is a built-in PSX emulator. I use IceTea to convert my PSX CDs to PSP format.(when you create the EBOOT, put it in the GAME folder)
On 3.40 OE-A, your homebrew goes in the GAME150 folder.
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