It looks as if the PSP scene is slowly coming alive again. Homebrew are popping up, there's Coldbird's adhoc online client and custom firmware as well as programmers such as Avanaboy entering the scene with their contributions. Today, a new one by the name of KanadeEngel has something for those interested to check out.
It's a NAND IPL dumper and it does just that.
The IPL or Initial Program Loader plays a role in the boot process of the PSP. It's basically one of the obstacles that must be conquered when it comes to putting together a custom firmware for the handheld. In the PSP-3000s onwards, the IPL is encrypted which prevented them from having a permanent custom firmware when they were first released.
Anyways, KanadeEngel's NAND IPL Dumper should do what it says on the label and dump the IPL of your PSP. While the ordinary user (or the majority of everyone) wouldn't have much of a use for this at this point, it's still a nifty tool to see surface. You can download it and play around with it yourself from below.