There is now a PSFreedom Recovery Mod for the HTC Wildfire. This is compiled against the latest PL3 and is based on ClockworkMod/psfMod.

Features:
– Update PSFreedom by the usual way (install zip from SDCARD) nothing new just included in the menu
– Update PSFreedom by Internet to download last version
– Menu in “Launch PSF” are dynamic like the command launched
– Phone LED show the status of psfreedom
– After psfreedom loaded successfully, device reboot (recovery or android)
– ADB and Mass storage enable

Instructions (view readme in gz as well):
1. Download the zip file
2. Unpack it to your desktop
3. Copy the file signed_090710_225229.zip Wildfire in SD
4. Access Recovery
5. Run a Backup Nandroid
6. Choose the option “choose zip from sdcard”
7. Select signed_090710_225229.zip previously copied to the SD
8. Restart the phone
9. Open the Terminal Emulator, and enter this command : insmod /system/lib/modules/psfreedom.ko

Download it here

Source: ps3-hacks.com