Give them an inch, they take a mile. Give them a PSP with version 1.0 firmware, and they take ISOs of your precious UMDs. I’m sure Sony is well aware of this new “UMD dumper” software for the PSP which will dump the contents of a UMD (the PSP’s disc format) onto a Memory Stick Duo. For the time being, Sony is safe; there is no way to play these ISOs from the Memory Stick. But in the long run, they’re probably screwed.
PSP dumping utility could open floodgates for piracy, trafficking [Tom’s Hardware Guide]