More bad news for Sony as a firmware downgrader for PSP (PlayStation Portable) owners that have 3.03 installed. The hack sets your PSP back to firmware 1.5, which opens up your PSP to all sorts of homebrew goodness. The sad part is that this opens up the PSP to various sources of piracy. Could this drive yet another nail within the PSP's coffin? Was it a good idea to use an upgradable firmware solution for the system? Sure, piracy exists on the Nintendo DS, but it's a little costly as you have to purchase specific flash cards for the unit. Hopefully Sony will find away to get this under control before it gets too late.