PSP
A new PSP modchip is apparently complete and ready to be released. "Undiluted Platinum" will "act as a flash replacement system for the PSP which allow the use of previous flash updates or custom flash builds."The chip ensurues that unsigned code can be played on the PSP and it will be possible to use older and custom firmwares.
We'll have more details on the chip shortly, but until that time please assume that the news is 'rumour' only.