Dchen40 wrote:1. I don't even know what type of PSP I have. All I know it is a FFVII 10th anniversary edition PSP.
There are many ways to tell what PSP you have, by looking at the small bar code sticker on the bottom of the PSP (it should look like this - xxxxxxxxxx-PSP3001 [where the x's are letters and numbers and the 3001 is your model number]) or you can tell by looking at the select and start buttons, if they're rounded rectangles then it's a 3000 etc. You're using M33 firmware and you said it's the FF CC special edition so it's a hackable 2000.
Dchen40 wrote:2. What does it mean by launching something from the XMB? I have everything on a memory stick, if that's relative.
The XMB is the menu screen for the PSP (Stands for Cross Media Bar)
Dchen40 wrote:3. Will downloading the new CFW prevent me from playing my current games on my memory stick?
No, it will actually make your system more compatible with the latest games released.