OK for all you noobs out there and those worded guides dont work for you here is my instalation guide for 1.5 or just plan and simple where to put the homebrew.
Must Have to install homebrew
Win-Rar to unpack the emus or other applications
For 2.0+ the latest eloader to run the "homebrew"
That is what you see or should see when you plug in your psp's usb cable.
This is the "root" of your memory stick you go to psp first of all.
And here is your game folder where "homebrew" goes
This is the game folder this is what youll see in here.
Homebrew installation (using the new pspradio dinamic)
Note:If a folder has % symbol and your 2.0+ you can just delete it
This is of course the emulator section in Http://pspupdates.qj.net <(best site ever for information).
And here is the list of emulators you can download.
This is an alternate to acces your psps files (have it connected whenj you want to see them or add to them).
You click removable disk (i made mine custom its easy).
And this is what youll see when you click on your psp's Root Drive.