DCEmu is reporting that Dark_Alex already has a custom firmware version of 3.30 in the works. He's only just begun to decrypt the newest Sony firmware, but seems to think that it will be an easy nut to crack. Dark_Alex seems to think we won't have to wait long for a new custom firmware. This is good news for me and other PSP owners who currently run custom firmware. Let's just hope it comes out before the next big title that requires 3.30 firmware.
[Update 1: Fixed firmware list errors]
