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I found this over at PSP3D and PSP Forums. I hope this is real (very strong signs saying its real as the cream of the talented coders community released the news!)

2.6 DOWNGRADER SOON!!!

That is correct, a 2.6, 2.5, 2.01 downgrader is now soon on its completion. Our co-site PSPDizaster and its hack team (same people) is almost done with their amazing project. This expliot uses a edited eboot to run a 1.5 update on a 2.01, 2.5, 2.6. It's a resigned psar which is 1.50 psar but has different md5 checksum addresses then the normal 1.50 eboot. (to be techy). This lookes very promising and a final release will be at the time when the 3.0 update is released. Maybe sooner, there is no set date. Check out the video and tell us what youn think.

DOWNGRADER VIDEO

All of this hack has been done by SUPA_SICK, BUTTERBALLER360, and TRAIN2335.

Check it out @:
PSP Forums
PSP3D

that is soooo fake i found exactly when he swapped psp`s watch just when he launched the applacation u can see a movement of the psp and he could of swaped it at the end aswell and is it just a coinsidence that he had a blck background.

yea screen goes back... then the 12 guys in the backround are trying to change the psp quickly... and so u dont hear them *music gets louder*
LOL!!

guys i think this is the real deal, the ppl working on this are real hackers, not 2 bit fakers so lets just see. im stuck with 2.01 and i may sound optimistic but ive seen a lot of fake sh*t and this just doesnt sound like it...

PS: Check out the PSP3D forums. ive been there for quite some time nw and know enough to say that the ppl working on this project are the senior-most forum hackers.

well, I think its fake, but If it is real then thats hellza cool.

well if anything the music is nice but i mean it goes black then the 1.5 update runs its kinda sketch i will believe it when i see it.

guys i think this is the real deal

ever hear of WAB??!

guys i think this is the real deal

ever hear of WAB??!

Wow, that pissed me off so much when we found out they were fake!

Lol, that video is sucha fraud.

hmmm yeah they shouldn have edited the damn vid... and looks really steamed right now with a couple of guys from psp updates flaming psp3d like crazy...

Im just watching with my fingers crossed cos ihave a 2.01 that is being the death o mE!!!