This story has been brewing since early this afternoon! Dark_Alex and Mathieulh have released a working downgrader (downdater) for PSPs running firmware version 2.71! QJ.net has all the information you need! I'm sure now it's only a matter of time till we see a downgrader for 2.80 firmware.
I can almost hear those Sony engineers uploading the 2.81 firmware to the server…
Via QJ
*update* Here is the link to the original release site.
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