Sakya, developer of LightMP3 has released an update to his light audio player for PSP. This update features many bug fixes with auto cover art retrieval from ID3v2 tags, added FLAC support and a search function.

Cpasjuste has released Custom Firmware Extender 2.2. This newest release features music playback, so you can now listen to your own tunes wherever you like in your PSP. (This was released in version 2.1) However version 2.2 is a quick bug fix release for 2.1.

CFE v2.2 changes:
Fixed a bug that prevented the music playback function [...]

Homebrew developer Mediumgauge bumped PSP Filer up to version 4.8. This release has some minor updates and bugfixes to PSP Filer, the PSP file management application.
Changelog
* Added Hungarian mode.
* Fixed a bug that some kind of file in RAR was considered as a directory.
* Fixed a bug that Filer was crashed when it tried to [...]

Homemister has released an update to System Player 101. This new release features CPU Auto-throttling which gives the ned user longer battery life.
Changelog:
3.90M33 SystemInfo Bug fixed
CPU auto Throttling introduced (longer Battery life)
Fixed the Visualtions not changing song after the end of the prevous song
Also my New Lua Player HM (HM = Homemister) is installed [...]

SofiyaCat has released an update to the almighty “PSPTube”. If you aren’t already familiar with the application, it lets you view .flv files directly from sites like “YouTube” or “DailyMotion” without the need to convert them.There only seems to be one change. Here’s what the web translator tells us:
“Video version of the search in response [...]

Dark_AleX has release TimeMachine. Its a homebrew application that allows users to load previous firmware releases from the memory stick using Pandora.
From Dax’s readme:
The Timemachine is a program to load previous firmwares and custom firmwares from memory stick
using pandora. Like devhook, but working throgh pandora and custom ipl’s, it would work even if the
flash and [...]

SofiyaCat has just released another version of the PSPTube bringing us build 20080211. If your unaware, PSP Tube is a Homebrew PSP application that lets users watch Flash movies, YouTube movies from your PSP. Its reported that this build fixes the Dailymotion bug, removes veoh and adds YouKU.
Source: Nekomimi

Dark AleX has released a new patch for 8GB memory stick support on any CFW. This particular release will give the users 8GB memory stick support regardless of what custom firmware they are on. Although this might not be a problem for those of us on newer firmware. Using running older custom firmware might want [...]

Timwillhack has returned to update his homebrew 3D puzzle game known as Hex Axis XXI for PSP. This update adds three all-new levels giving the total of seven levels now. Also added is a new in game help system, which can be accessed through the select button. For the download link, video guide of [...]

Weltall has released an update to CWCheat. His PSP cheat hacking application. CWCheat v0.2.1 Revision A includes various bug fixes and optimised CPU clock functions.
Changelog:

PSPTube has been updated again by homebrew developer SofiyaCat. This release now works with the PSP Fat again and the TV out support of the PSP Slim has been improved.
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Source: SofiyaCat

Hombrew Game Developer Deniska has released an update to his homebrew port of the shooter Tyrian. This version finally supports PSP Slims runninig 3.xx Custom Firmware. The original was released on the PC back in 1995, now you can re-live the memories on your PSP Slim

Download Open Tyrian PSP_v1.0

Source: TYRIAN for PSP

Homebrew developer Ketchup and Coolj have released Recovery LE for customfirmware 3.80 M33. Ok so what is it, I hear you ask? Well its a vsh plugin that allows you to access the M33 recovery menu from the PSP XMB.This new release includes support for 3.80 M33 and an option to change the M33 Network [...]

Homebrew developer Red Squirrel has released Alternative VSHMenu 3.5. This version features some GUI tweaks and a function to enable or disable M33 Network Update. Not sure what it is? Well Alternative VSHMenu adds a handy extra VSH menu with options like reboot or shut down your PSP, screenshot function and more.
Download: Alternative VSHMenu 3.5

Sektor has released an update to REminiscence PSP, which is an emulation of Flashback the popular Amiga Game released back in 1992. This version supports 3.80 M33 Custom Firmware and has new analog stick suppor, plus a cutsence bug fix.
Changelog:
Release 0.1.9.3.80 (2008/01/17)
- compatible with 3.80 M33 firmware (should work on slim PSP)
- added analog nub [...]

Homebrew developer Red Squirrel has released Alternative VSHMenu 3.1. This latest version now supports Custom Firmware 3.80 M33. Not sure what it is? Well Alternative VSHMenu adds a handy extra VSH menu with options like reboot or shut down your PSP, screenshot function and more.

Homebrew games developer jurajstyk has released an update for his port of id Software’s Quake. The new version features Vsync and dithering support and the option of analog stick strafing amoung other things. Check the changelog below.

Changelog
* Fixed bug that prevented changing sky texture between levels (HW rendering only)
* Fixed z-buffer related bug when rendering [...]

Homebrew developer SofiyaCat has released an update from PSPTube which now allows access to DailyMotion. For those that haven’t seen the other posts – PSPTube is a homebrew application that allows you to watch YouTube videos and other streaming videos sites plus Xvid videos on your PSP.

Download: PSPTube 20080106
Source: SofiyaCat