Looks like you're going to have to manually select Network Update for this one again, folks. Firmware 2.50 is now available for your PS3 and it includes these features:
  • The [BD/DVD Settings] option under [Settings] has been renamed as [Video Settings]
    Also, multiple video content items can be now played in order. You can edit this option in [Video Settings] -> [Sequential Playback]
  • A scene search feature has been added to the [Video] category. You can easily select a scene that you want to watch. This feature can be accessed from [Scene Search] in the control panel that is displayed during video playback.
  • The [Sign Up for PlayStation Network] and [Account Management] options have been improved. You an now create and manage an account more easily.
  • A feature has been added that allows the PS3 system or wireless controller to turn off automatically when not used for a certain period of time. You can set this feature in [Settings] -> [Power Save Settings]
Additionally, the firmware update adds Flash 9 support, so you can actually watch videos on the PS.blog and our site when browsing on your PS3. It also gives you a free unicorn.* Download it now!

[Thanks, to everyone that sent this in!]
* Not true.

This article was originally published on Joystiq.