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I like this idea alot. Lots of possabilities. 1st off you could cut part of the umd casing away so the psp's internal umd switch wont detect a UMD. This would be a great place to install one of AM "HIVE" boards so the leds could chase around the umd. (If you dont know what im talking about then look for Hive board thread) Wait a minute... If you do this mod as an alternative to opening your psp up then you will obviously not have a clear UMD door so you wont be able to see the LEDS anyway...
that seems really dumb