NJ has updated both his CPS1/CPS2 emulators for PSP today. Changes include improved load times, and the author notes that both emulators have been compiled with GCC 4.10 which should give a slight speedup.

Downloads:

http://nj-emu.hp.infoseek.co.jp/files/cps1psp_2.2.3_for_slim.zip / http://nj-emu.hp.infoseek.co.jp/files/cps1psp_2.2.3_1.5_kernel.zip

http://nj-emu.hp.infoseek.co.jp/files/cps2psp_2.2.3_for_slim.zip / http://nj-emu.hp.infoseek.co.jp/files/cps2psp_2.2.3_1.5_kernel.zip

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