"If at any time you have had over 50 users in your friends list whilst playing Wipeout it is possible that your saved data has become corrupted. If this situation applies to you, we strongly recommend once this update has installed you quit the game and delete your saved data using the saved data utility in the XMB, then relaunch the game to create a new profile. Deleting your Saved Data will not affect your collected trophies or online records, but will reset your campaign mode progress, team loyalties, and in-game settings." [Emphasis ours.]
See? Popularity doesn't always get you ahead in life.
Update: The patch has been released in North America.


