Sony just announced the PlayStation 3 update to version 2.20 which includes the new Blu-Ray 2.0 (aka BD-Live). This should include downloadable video content, ringtones, interactive movie based games and more. Expect to see this update later this month. The update will also allow you to copy photos and music playlists over USB from your PS3 to your PSP. The rest of the new features are:

– “Resume play” will enable PS3 system to start playing a Blu-ray disc
and DVD at the point it was stopped, even if the disc had been
removed.(*1)
– “Audio Output Device” will be a new Remote Play setting, enabling PSP
to serve as a remote control for music played through PS3.
– PS3 system’s Internet browser will be enhanced: Video files directly
linked from a Web page will be able to be streamed, and the browser’s
view speed will be improved.
– DivX and WMV format videos that are larger than 2GB will be playable.
– “Mosquito Noise Reduction” will be added as an AV setting in the
control panel of the DVD/BD player for improved movie playback.(*2)

*1 BD-J format disc is not supported.
*2 BD discs recorded with BDMV format are not supported.

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The PS3 should have an update later this month that will add support for the next generation of Blu-ray playback features. The name being given for this update is “profile 1.1″ and should include features such as picture-in-picture, support for downloadable content and much more.

Source: CVG

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[quote]
Starting at 8AM EST on November 24 and going all the way through 11:59PM November 25, Wal-Mart will be offering an exclusive blockbuster deal that includes the PlayStation 3 and a selection of Blu-ray movies of your choice.

Note from editor: If you get the 80GB model anywhere, you get 5 free Blu Rays from Sony though it’s a much smaller list than what WalMart has in stock. So basically, with this deal, you get 5 extra movies and all 10 are of your choosing whereas with Sony, you have to pick your 5 from a pretty small list.
[/quote]

Source: Blu-ray Forums

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