The concept of creating a custom firmware package that will allow the best of both worlds above and below the 2.0 mark has been around for a while. Thanks to GameShark that's all starting to change. He has created the first "custom" firmware package that has all the abilities of a 1.50 PSP, but has the added media capabilities and codecs of 2.0+.
At the moment, you can only run this custom firmware using MPH's Firmware Launcher. Do not try to use this package as an actual upgrade. Here's what GameShark had to say:
Features
1.5 - Full HB
2.0 Media Fetures
This is a Beta If there are any problems Just Let me know
I hope to add 2.0 UMD support to the next release
Also next release will be pacaged so that it can be added to an existing 1.5
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