I hope im wrong but it seems too unlikely to be true.
The N64 port of Ultrahle
Ultrahle was made for x86 PCS and so the Xbox Port was very close and easy enough to do because of system similiarities. Now a week or two ago a PSP website posts an exclusive newspost about this emulator coming to PSP and yes the story sounded good, the idea of working on perfecting one game is probably the best way to get single games working on the PSP, but the coders name they posted who was a GBA coder cannot be found on the internet, screenshots mean nothing and just because some newsposter puts a fancy story round it doesnt mean its true.
Fake or Truth - Most likely Fake
The PSX Emulator
The day after on another site that covers PSP (and steals all our news) posted a news story about the port of a PSX Emulator to the PSP with a site that was extremely well thoughtout to get the highest place in google, now since then nothing has been posted there and i PMed the coder on the forums at the site and got banned, my thoughts behind that are that its a very obvious fake.
Fake or Truth - I would say Fake
Looking back it seems that both sites will post any news and even fake it themselves just to get visitors, now we have all been duped but the timing of the original storys was just too close for comfort.
Ill be happy to be proved wrong but i dont see it happening, lets encourage those coders who we know are real and back them all the way.