Strongly discouraged. Downgrading from 5.02 (or any official firmware) requires exploiting vulnerabilities and carries serious risks:
On PSP-2000 (TA-088v3 or earlier motherboard), you can install CFW 6.61 PRO-C2 / ME / Infinity on top of 5.02 or 6.61—no downgrade needed. CFW gives:
Guides: hacks.guide/psp (current, community-maintained). Backup NAND first.