Today is the day I've been waiting for in over a week. PsP-Dev and Killer-X have combined their powers to create KXploit, the non-swapping, fingernail saving method for running homebrew applications. Turns out this method was possible all along, simply put a '%' at the end of the MS1 folder for the homebrew app or emulator and place it in the same spot as the MS2 folder would be. Although a simple fix, this method still poses one annoyance to me; for every executable EBOOT icon, there will also be a "Corrupt File" icon. I'm sure PsP-Dev is still working the kinks out of this exploit so expect to see more from them.

Grab the KXploit files here.