PSPUpdates is reporting that the 2.60 firmware for the PSP has been successfully hacked.

"Fanjita just keeps on crackin' Sony's efforts to keep us from our homebrew! He started with creating one of the first ever homebrew on firmware 2.00, then moved on to create his 2.0 eboot loader which enables about 85% of PSP homebrew to work on 2.00, then brought us GTA Hello World savegame binary loader which opened the doors to 2.01+ homebrew. Now today we are proud to release the first homebrew game on firmware 2.60!"