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I always have and always will believe that it’s worth installing an upgrade to firmware for any device, whether it be a computer, wireless router, or game console.
Read the instructions for each if you're not sure, and choose the one that fits best for you.
The most straightforward way to update your firmware is by using the "system update" feature on the PSP itself.
Keeping your PSP's firmware up to date is important if you want to take advantage of all the neat features Sony has included.With a PSP, in order to update the firmware, you have to follow a couple of steps.However, they are fairly simple steps that don’t require much technical know-how.You need to have a wireless internet connection in order to use this method, so if you connect your computer via a cable or telephone connection and don't use the internet on your PSP, you'll need to choose a different option.Using the PSPUsing Your Computer Using a UMDInstalling Custom Firmware Community Q&A Your PSP firmware controls your system settings, and new versions get released to add features and fix errors and security problems.Sony offers three different ways to update your PSP's firmware, so you can choose the one that works best for your internet connection and equipment.