If you ever find yourself with a memstick that's in a clean slate, Alxrsoft has created an application that allows users to create some of the standard PSP folders with just a few clicks of the mouse.
Called PSP Create Folders v1, this homebrew application also has the simple option to format (careful, careful, careful!) the memory stick.
PSP Create Folders v1.0 is to be installed on your PC and requires Windows .NET 3.5 framework to run. If you don't have it, it's included within the archive as well (It's inside the "Adicional" folder).
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