Andy Fung has just released a new version of TVSP, a homebrew application which simulates the LocationFree player, allowing you to view TV on your PSP, within your WiFi's boundaries. The new version fixes a PixelWidth issue which many users were experiencing. Andy Fung claims more features are coming soon as well; great work!
Download TVSP 0.2a from PSP 3D
here.
Check out his official website for more information
here.