Latest firware is 3.80m33-4 with 1.50 kernel add-on to get there though you will have to upgrade 3.52m33-3 first and then up to 3.80m33 all you need is available here www.dark-alex.org download all the files you need and be sure to read the read me files included but its pretty easy.
And as long you add the 1.50 kernel add-on all your homebrew will work (emu's etc.)
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