STEP 1: Download BakonICE 2.1
STEP 2: Once it's finished, Extract it to your desktop using WinRAR.
STEP 3: Plug in your psp into your computer via usb cord.
STEP 4: Drag and drop the SEPLUGINS folder onto the root of the memory stick. Or if you already have an SEPLUGINS folder, just drag and drop the contents of the SEPLUGINS (the one on the desktop) into the original folder on your psp.
STEP 5: Once it's finished copying, exit usb mode.
STEP 6: Restart your psp while holding the R trigger and you'll reach Recovery Mode.
STEP 7: Go down to Plugins.
STEP 8: Press X on 'bakon.prx [GAME] (Disabled)' (if it's already enabled, just leave it).
STEP 9: Exit Recovery Mode and boot up Socom Online.
STEP 10: When it prompts you to enable NitePR, follow what it says and instead of pressing + & -, press DOWN & SQUARE. This will bring up BakonICE 2.1
STEP 11: Enable any code you like by pressing X.
*Note that all (or most) codes are No 35!*
STEP 12: Exit it by pressing O and there ya go! A functioning BakonICE!
This method also works for BakonICE 2.0.