DroidGamers <--Reference
PPSSPP <-- Website
So I stumbled upon this and almost shed tears of joy. This new psp emulator PPSSPP (developed by the same people who made Dolphin) is coded in C++ and is designed to run across all platforms. This includes Windows, Mac, Linux, Android, etc..
The downside is that its still in development and is in like an early early beta stage right now. That doesnt mean that it has no potential however. On the developer website it has a video of it being used on an android phone.
P.S. This is like a godsend to anyone who owns a Sony Ericsson Xperia Play like myself.