yea... just go to settings and go up to upgrade firmware.or if you have a umd just go down under umd and there should be a firmware update . the firmware has to be grater than the one you have for this to work.(use the first choice its easier)
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You need your PSP to be upgraded to the latest firmware, in order to access the PSN and download games.
Right now there isn't. If you want to get custom firmware for psp version 6.20 you need to downgrade to custom firmware using a Pandora battery.
From what I hear one must have a Pandora battery and a magic memory stick. These devices can only be made on a psp with custom firmware, or a psp with version 1.5.
Yes, you can The firmware goes across board to all models of PSP. This includes the Customer Firmware and the Original Firmware.
The newest known firmware for the PSP is 5.54