Update: Mariko has released HITBIT v0.1 today, which includes a rough English translation of the changes and updates for those interested. Further HITBIT MSX Emulator updates will be available in our Emulators For PSP thread.
HITBIT v0.0 is a new MSX Emulator for the PSP by Mariko. It is based on the sources of fMSX, and the PSP version is in the very early stages of development. This release initializes the MSX, but that is about all it currently does so no games are playable just yet.