Fake downgrader angers homebrew community
Until they realized it was a fake. Chaos Zero, who originally released the malfunctioning program to the masses, went on record, publically apologizing for the whole incident. As stated on PSP-HaXors, "It was fake, and we've all seen fakes in the past. And will probably continue to see them. Instead of pointing fingers at the testers, it's better to just move on."
While it doesn't appear any PSP systems were bricked during this incident, it is scary to know that there are malicious people out there trying to create hoax programs that could potentially harm your PSP. While some of the benefits of homebrew may seem appealing, there are certainly a few dangers that come with the territory.
[Via PSP Hacks]