
A hacker by the name of Yifan Lu has claimed he has found an exploit on the PlayStation Vita allowing him to create an application which loads homebrew code onto the handheld.
He has also released a few lines of code to get other people interested in his project and get the ball rolling on homebrew content.
Yifan has confirmed that his application is not designed to enable software piracy on the vita though Sony will most likely look to block any exploit if any if this turns out to be true.
The application itself is based off the Half Byte loader for the PSP but nothing is currently available for homebrew fans to download as of yet.