iR Shell is one of the best shell application out there for Playstation Portable and has been updated once again.

Release notes:

This release is for PSP Slim & Lite only. It introduces an Advanced Multi-tasking feature which allows you to run 2 applications simultaneously and switch between them with a hot key. Of course, you can still multi-task these 2 apps together with iR Shell build-in functions.

Video in Action:

Thanks to for the news.