I think this warrants its own thread, I know a lot of people that are turned off by playing portable systems that missed out on some great PSP games.
Finally a stable and good emulator has been released:
http://www.ppsspp.org/downloads.html
http://www.upload-pictures.de/bild.p...sleepME8GK.bmp
http://www.upload-pictures.de/bild.p...,bbs2DTOR7.png
These are just some sample shots from a thread, I myself am playing Ys Seven at the moment, looks and plays incredible.