The suprising release of Daedalus and the extremely positive feed back recieved on the project may have started something truly great. PSMonkey has long been developing his own N64 emulator for the PSP and has gone quite a long way since first releasing his port of Nincest. There's been much buzz around a possible team up with some promising posts by Nexis/PSmonkey and StrmnNrmn over at the Emutalk forums. Whether they are helping each other with information exchanges or if they have decided to team up and work on a single emulator, this can only mean good things ahead for PSP users.
These are exciting days in the world of PSP homebrew so keep your ears and eyes peeled!