No, you have it right. You extracted it properly, as if you didn't the eboot would have been considered corrupt to the PSP.VincentOfEngand wrote:I've done exactly this, I did make sure I followed the instructions correctly again and again. I must have done the procedure about 5 times. Unless you mean that you didn't extract the .rar file...
What CFW settings are you using? More specifically, like what ISO Mode, eboot type, etc...