Saw this today: http://www.psphacks.net/content/view/639/2/ and it really caught my eye. I suspect that this project is based on Gnash (http://www.gnu.org/software/gnash/) given its limitations and that the developer is promising to release the source in a couple of days. This might make for an excellent starting point for a GP2X swf player, and I’m just curious if any of the psp users could give it a try to see how well it works.