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April 29, 2009 // 2:37 pm - A new video has emerged on the Internet from Team Typhoon, showing off a new HEN exploit for the semi-recent 5.03 firmware.

Here's his little note about the video:

This is a demo of the 5.03 firmware running the tiff exploit and booting into a HEN environment on a PSP 2003 (3000 Support also) on 5.03 Official Firmware.

This proves that the code survives a reboot and the system software and MAC address can be changed. This is something that only can be done with a kernel exploit.

A video launching homebrew will be posted later.

Video: PSP 5.03 (HEN) Demo Available from Team Typhoon

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#3 - KORDiAN - May 10, 2009 // 7:42 am
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I tried it over 50 times on PSP-2004 - worked twice but wasn't able to run any homebrew (gpSP, PSP revolution, Light MP3)

#2 - PS4 News - May 9, 2009 // 5:38 pm
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PSP Firmware v5.03 Update:

#1 - KORDiAN - May 9, 2009 // 5:28 pm
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Anyone got a 5.03 update eboot?