Team N00bz have joined forces with FreePlay and MaTiAz (The guys that brought us the Grip shift hack on the PSP-3000). Joining up with them they plan to further expand the exploit found and the way forward for homebrew games & Emulators on the PSP-3000 / TA-088v3.

Here’s what Team N00bz have said about this:
The exploit [...]

Some of you might have imagined all your Christmas’s came at once when you saw that some large PSP sites had posted a video that seemed to good to be true? Of a PSP-3000 / TA-088v3 being hacked on video. I thought I better break it too you since those sites have yet to do [...]