brokencodes, of the Dark-AleX.org forums has gotten into part of the motherboard’s signing code.
What does this mean? It means we’re one step closer to hacking these buggers once and for all.
For now, its only a partial code but expect to see it cracked quite soon.
We’ll keep you updated.
Via Sceners.org

DJB’s ever useful MMS maker and toolbox has been updated to version 2.3.
What’s new:

UMDumper has now been removed from the Support Tools, and UMDrip has been put in its
places. FuSa SD and Hold+ were also updated to their latest versions.
Changelog:
v2.8 (2008-11-22)
- Removed UMDumper and replaced with UMDrip.
- Updated the following Support Tools:
FuSa SD [...]

This rather cool video has surfaced on youtube. A PSP-3000 being disassembled and re-assembled in time lapse fashion. Well worth a look. Still no break through on this model being hackable. Its still unhackable, just like the TA88 v3 motherboard.

KG6ZVP has released a new version of the video converter previously posted here.
Features include:

AutoGK style DVD-Ripping (Simply drag and drop the first VOB of a title!)
On-the-fly decrypting of factory DVDs!
Encoding via x264.exe (Vastly superior quality)
Includes all features of previous builds, but with much higher video quality!

Download: HERE.
Source: Forums.
Update: For those experiencing a muxing error, rename [...]

Remember Datel’s Action Replay for the PSP? Upon inspection by Dark_AleX and VoidPointer, it appears that the $40 device actually contains the IPL used in Pandora within the supplied memory stick.
Datel’ Action Replay does uses code that isn’t from itself, code that isn’t distributed to be used the way they use it anyway. The code [...]

The final version of this program has been posted up by RainMotorsports.
These are the changes:

- Added Unicode Support to the backup script.
- Changed to smaller 12kb fresh rip of the TM IPL
- Added detailed error information and cleaned up error handling along with some minor bug fixes.
Installers for 1.50 up to 4.01 are available and [...]

Zx-81 has released an update to PSPMSX his MSX and MSX2 emulator . Its now compatible with 5.00 M33, version. This new version (version 1.4.1) is a  text editor that allows you to save notes on the games.
Changelog:
* Finally fix issue with “Home -> Exit” !
* Text editor to write your own comments on games
* [...]

DJB has rolled out another update to the ever-so-useful MMS maker, PSP Pandora Deluxe.
Now at version 2.6, here are the changes:
v2.6 (2008-10-30)
- Revert back to style of compression used in v2.3 for 64-bit compatibility.
- Removed AutoStart PRX from the Support Tools and added Custom FW Extender.
- Updated the following Support Tools:
Hellcat’s Recovery Flasher [...]

If you’ve kept up with the PS3 news, you may have heard something about video capturing PS3 games. Well now there’s a possibility it’ll come to the PSP as well.
We all know that the PS3 has by far superior features so it will be difficult to bring it to the PSP.
Do you think it should [...]

DJM stopped by our forums to let us know he has updated his All in one Pandora solution to version 2.5. This new update includes 5.00 M33-3.
Changelog:
v2.5 (2008-10-24)
- Updated 5.00 M33 CFW Installer to M33-3
- Updated POPSLoader with POPS 3.80, 3.90 and 4.01.
- Updated config file creator (vsh.txt etc) for 5.00 M33-2 standards.

Quick to fix the introduced bug in M33-2 DAX has released 5.00 M33-3!
* A bug was introduced in 5.00 M33-2 that made some games and homebrew to not work.
* PSN version check is now automatically bypassed without the need of touching any settings.

Dark_Alex has released custom firmware 5.00 M33-2, this is a bug fix release which fixes bugs found in the previous 5.00 M33 release. The changelog is below:
* Popcorn bug fixes
* Fixed bug that caused some games with certain icons not to work, and caused document.dat not to work.
* Fixed critical bug that caused continous corruption [...]

Users of larger memory sticks may notice that you couldn’t download content due to an error stating insufficient space. 5.01 will fix that problem.
Here’s what Eric Lempel of PSN had to say:
PSP firmware update 5.00 added direct access to the PlayStation Store, and we’ve since found an issue related to larger-capacity Memory Stick PRO Duos, [...]

DJB has updated his mulifunction MMS maker to version 2.4.
Changes:
v2.4 (2008-10-22)
- Fixed installation bug with NetConfBackup.
- Added the 5.00 M33 CFW Installer + 1.50 Addon.
- Updated the following Support Tools:
Hellcat’s Recovery Flasher 1.40 (Pandora)
FuSa SD 1.0.47 (XMB (5.00 M33 Compatible))
The brand new 5.00 M33 Custom Firmware Installer has been included in this package, it can [...]

One of the prominent features of the PSP-3000 is the updated screen giving more colours and less ghosting. Here’s one problem new PSP owners didn’t count on, scan-lines. This actually makes things look worse than the PSP-2000.
According to a thread at the PlayStation Forums, it is a widespread problem. Sony is currently looking into the [...]

This is quite a big release (bunch of releases).
RainMotorsports decided to abandon his previous maker and go for an “UltraLite” solution. There are separate installers available from 1.50 to 4.01.
Download links and mirrors have been provided by RainMotorsports at the forums here.

Japanese site PC Watch has provided a whole lot of pics of thee PSP-3000.
The site shows us the inside hardware of the PSP as well as the close-ups of the system.
PC Watch has gone all the way and has literally stripped the PSP, taking out the screen and motherboard.
Check it out here.

PSP store rep Grace Chen has added a recent video on the PSP Blog showing us the features of the PSP Store that will come in PSP firmware 5.00, by the way PSP Firmware 5.0 will be released tomorrow and hopefully 5.00 M33 will follow soon.