by Jadecavy » Fri Jun 26, 2009 7:15 am
The only way I could think to do it is with custom firmware. If yo have it, press select at the XMB Menu and set the USB device to read from the UMD. Attatch your USB cord to your PSP and copy the file to your hard drive. Extract the .iso with a program such as winace archiver (that's what I used when testing this). Go into (UMD Title)\PSP_GAME\USRDIR\DATA\MOVIE and there are 60 FMVs in .PMF format in there.
If you don't have custom firmware, feel free to PM me and I'll get back to you on Monday.