New PSP OS?
Note from Auri: Of course, you'll need a 1.0 or 1.5 PSP to run this... but cool! Let's hope the 2.5/2.6 PSP homebrew hack comes along well and we don't have to downgrade to run great stuff like this!
(from PSP Updates:)
Phoenix OS for PSP - In Development

One
of our users named Gary has been working on a shell in C called Phoenix
OS. You can download a demo of it, and you can get a video of it booting a UMD game, then returning to the shell after pressing home (using the BOOTLOADER from FileAssistant++) at http://shell.indocron.org/. We’ll keep you posted as news develops!