For those of you in the US, this firmware update also allows you to transfer video files from the PSN Video Store between the PSP and PS3. No word on when this update will hit, but it shouldn't be long. Judging from previous releases, they usually go live the morning after the PlayStation Blog posts the info. We'll keep you informed.
[Update] 2.70 is now live. The pre-download patch list details the following additional features:
- The ability to search the net about a particular game direct from the game section of the XMB using the triangle menu
- The ability to cut and paste text (does that mean the PS3 is better than the iPhone now?)
- A Dynamic Normalizer to prevent sudden increases in volume between music tracks
In-game voice chat(not really!)