I am not sure if this is the right place to post this, but anyways....
I managed to get live TV on the PSP without TVU or Location Free by using a TV Tuner Card installed on my computer, the satellite TV service i am subscribed with (this also works with basic cable and with antennas too), VLC media player on the PC and PMP VLC on the PSP. All i need now is a USB infrared port on my computer and a way to use the infrared port to remotely control my satellite receiver over the internet. If anyone wants a tutorial, i'll write one up when i have the time.
Here's what you need:
A computer with decent speed
A PSP with 1.50 FW (PSP Slims with 1.50 Time Machine will work, this is what i have)
PMP VLC on the PSP (it works only with 1.50 fw including the Time Machine edition)
VLC Media Player installed on the PC
A TV Tuner Card on the computer
A Fast internet connection if your gonna travel some place or a wireless router if your gonna remain at your place
Infrared port on your computer with some kind of remote control software (optional, this is not important, but it would be nice to have if your gonna travel away from your house)
NOTE: Some TV Tuner Cards have issues with VLC Media Player, the one i have has an audio issue with VLC, the audio doesn't work. So i will need to find another card. USB TV Cards will also work. The card i have is USB powered.
Like i said above, i'll write one up when i have the time if enough people is interested. If someone wants to do this for me, that would be great.