Geohot, did not put any "crap" in Lv2. He actually was warning people not to patch Lv2 because he knew of the security that Sony placed in Lv2 with firmware 3.52. Hence the reason he states OMG do not patch Lv2.
We already have people sitting around messing with eboots to make them boot up. The problem is it is not really a simple setup. We have to wait for someone else to do the work, or figure out how to do it ourselves.
If we can get a system that allows us to drop unmodified files somewhere then I think it is better. At the end of the day I would love to have the games just show up in XMB like on PSP. That way we can just run them right from there. For now though I will not be picky.
Geohot didn't put anything IN lv2, everyone is misunderstanding what he said. He was talking about it being dangerous to patch lv2 on 3.55 because SONY put a check in there which is what's causing the issue.
I have updated the first post and added a new download link for those who wanted the pre-modded PUP file. That said, for the time being I'm closing this thread... see the update HERE for why.
As always, if/when new progress is made we will reopen this thread up.