"Update: A video of their new direct loader for homebrew on the v1.50 PSP is now available from the following mirrors: Mirror #1, Mirror #2, Mirror #3, and Mirror #4!
PaWsTick, CybBlade, and Killer-x from the PsP-Dev Team who released SwaPloit v1.50 last week have now let the world know in THIS Forum thread that at 7AM EST tomorrow (06-22-2005, 12:00 GMT+2 Spanish Time) they plan to release a final version of their v1.50 PSP firmware "homebrew" launcher entitled KXploit! This version will NOT require two Memory Sticks nor any swapping we're told, so it may indeed be the FINAL solution many v1.50 PSP owners have been seeking! More details will be posted as they are available, and for up-to-the-minute action we invite everyone to join us on EFnet #PS2Ownz of course! "
Posted at PS2info