It is quite interesting to see how a simple thing like downgrading the PSP can entire change what the device is commonly perceived as. When you downgrade your PSP, you are actually opening up a whole oeuvre of games, movies and music for your PSP.

Sony has designed the PSP to work only with universal media discs, known as UMDs. This is another Sony product, and by restricted the PSP to work only with them, Sony has created a supplementary market for itself. But, in reality, the PSP is capable to do much more. When you downgrade your PSP, you are allowing the PSP to do that 'much more'; you are enabling it to work on any format. If you give this a little thought, you can easily understand how much you can be profited by doing a downgrade on your PSP.

These are some of the benefits you can get when you downgrade your PSP:-
(i)    You can download and play a virtually unending number of homebrew games on your PSP, which are available freely on the Internet.
(ii)    You can play DVDs and other movie formats, so that your existing movie collection does not go waste.
(iii)    You can download music of all formats – even MP3 – and play it on your PSP.
(iv)    You can store movies on your PSP and then watch them at whim.
(v)    You can get access to peer-to-peer networks such as Limewire and Last.fm, so that you get an endless supply of free music and other files on the PSP.
(vi)    You can use your PSP as a universal remote control and really make your life easier.

Thus, you can see how downgrading your PSP can turn it into a real multimedia whiz. And you do not have to do anything special to downgrade your PSP. If your PSP is below version 3.03, then you can safely downgrade it to any version up to 1.50, just by following some videos that are present on the Internet. You can get access to some good demonstration videos about downgrading on this site: http://www.pspvideoguide.com/. You will need to follow the simple instructions shown there to open your PSP and use it to the hilt.

Some people could be skeptical at the onset about tampering with their PSP in this manner. But temptation overrules prudence in this case, and people do go ahead with the downgrade. Actually speaking, it is not difficult to downgrade your PSP if you do it in the right manner and follow the simple instructions on the videos. But the result of that would be really great – your little PSP will become an insatiable multimedia monster! Go for it, downgrade your PSP and see that change that comes in it.

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The worst part of the Sony's PlayStation Portable (PSP) is that you cannot play all formats of discs on it in the way it is purchased from the market. You can play only discs that are in the Universal Media Disc (UMD) format, and these discs are costlier than the average discs available. So, if you want to watch the movies in your existing DVD collection on the PSP, it is not possible. You can not even play games from your old collection on this PSP. So, what do you do? Do you chuck out all the stupendous SEGA and Atari games you played on your GameBoy and Nintendos? Certainly not! There is a way by which you can make your PSP compatible with all these games, and much more! And that is, the PSP firmware downgrade!

Let us see what a PSP firmware downgrade actually does. The earlier versions of the PSP were compatible with all kinds of disc formats, such as DVDs. However, as newer and newer versions of the PSP began hitting the markets, they stopped using all formats. This happened after the version 1.50 and for this reason, the version of PSP 1.50 is called the original or classic PSP in some places. Now, if you have a PSP version higher than 1.50, then you can play only UMDs on it, according to the way Sony has programmed it. It is interesting to note that the UMDs are also a Sony product, and so by this Sony is ensuring a higher peripheral profit from the PSP.

But when we do a PSP firmware downgrade, we are pulling down the version of the PSP. That is, from a higher version we are taking it back to 1.50. This can be done in as less as ten minutes, with nothing more than a USB cable and a computer. However, it must be told that versions above 3.03 of the PSP cannot be downgraded yet.

So, when the PSP firmware downgrade is done, the PSP gets 'unlocked' to play discs of all formats. You can play all your Atari, Nintendo and SEGA games on this now, and plus you can play all the movies from your old collection. In addition, the PSP that has undergone a PSP firmware downgrade to the version 1.50 can store your files of movies and music, and you can play them whenever you want. And, as if that were not all, the downgraded PSP can be used to download and play all kinds of games that were not possible in the way the PSP was marketed by Sony.

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Congratulations! So you have just got your new PSP! Certainly you are now drooling over it and are already at it, playing the UMDs you have got bundled with it, or have purchased separately. There is no doubt you will be relishing the experience fully well right now. But have you thought what you will do once you are bored with these UMDs? You will have to go out and buy some new ones, and then some more! And you cannot even play your old favorites any more. You can imagine what a hole that can burn in your pocket.

Did I put a great big dampener on your joy of getting the new PSP? Well, sorry for that. But, the truth needs to hit out as soon as possible. And, there is actually no need to despair; there's a way out. Have you heard of a PSP firmware downgrade?

The good news is that the PSP firmware downgrade is an easy ten-minute process that can make your PSP compatible with all disc formats. That means, you can not only play the old games from your collection, but also download games from the Internet and play them for free. If only you know to search at the right place!

There are many programmers all across the continents who are designing games specifically for the PSP and are uploading them on various sites on the net, making them available for free downloads. These games are known as homebrew games. There are thousands of homebrew games out there on the net, but you cannot play them on your PSP if it is of a version higher than the 1.50.

But with a PSP firmware downgrade, you can bring down the version of your PSP to a 1.50. This is a very easy process which requires you to connect the PSP to a computer through a USB cable and then run the PSP firmware downgrade software. This will bring the PSP to the downgraded form, and will make it compatible with the downloaded homebrew games.

There's a large number of excellent games in the homebrew form on the Internet. Once your PSP is suitable downgraded, you can play all these downloaded homebrew games on your PSP, and never have to buy another UMD if you so wish. Certainly, this solves your problem of having to spend several bucks each month on buying new and interesting game titles.

The only catch here – it's not a catch actually, it’s a limitation – is that PSPs above version 3.03 cannot be downgraded. And, of course, if you run the wrong downgrade version, you will end up losing your PSP forever. It will get bricked, which means, it will get permanently locked.

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