This posted everywhere and in all PS3 forums.Early today, a new member calling himself TeamICE posted a file, and couple of screenshots, and a legit looking readme with details on how to get PSP games running on the PS3.
Sadly, to say before I had a chance to lock this thread: PSP Emulator
A few people had already bricked their PS3 consoles.
Hopefully our PS3 Guru's can help them out, and come up with a working solution to get them back into playing games on your PS3.
This horrible person had also posted the same crap on other PS3 forums, including PS3HAX, which have also posted this warning!
If you see anyone posting this again, or trying to pass it around please use the "report user" option here on the forums.
So i said to post it too here.