The very first PSP emulator for the PC has shown up on the web. The emulator allows you to play PSP games without a PSP (and we are pretty sure Sony is going to have a fit about this). However the emulator isn’t yet to be downloaded into your greedy cheap hands just yet. Currently, all you get to see is a couple of screenshots (but don’t let that disappoint you, as the first PS1 for the PSP homebrew was all screenshots before), but from the looks of things, it looks pretty beta like and it seems to only support a few games as of now. But either way, it’s another addition to the growing list of console emulators.
You can see the screenshots here.