Just to help you keep track of it all:
Nov 20 - Firmware 3.00 available.
Nov 21 - Suspicious "security issue" found.
Nov 22 - Firmware 3.01 available.
Nov 22 - Firmware 3.00 and 3.01 decrypted.
Noobz, a popular PSP coder, proudly announced that the newly released 3.01 firmware has been decrypted. What does that mean? It means the homebrew community is working harder, and faster, than ever, to keep up with Sony. With the firmware decrypted, hopefully it won't be too long until something tangible appears for homebrew users.
So when do you think firmware 3.02 will come out? Tomorrow?
[Via PSP Hacks]