LOL, netflix looks crap compared to Blu-ray. Is this guy serious? Streaming is at 2Mbit/sec is always going to look crap compared to 40Mbit/sec from Blu-ray. Clearly you have no concept of quality (proof in that also lies with the fact you own a 360). Have you always settled with second best throughout life?

IS it also a feature, where it totally trashes your 360? I installed the update, rebooted, it played a movie, then nothing. Rebooted, it did the same. Phoner Microsoft, and I need to wait 4 weeks for a replacement.

By pure chance, I also got a Home beta invite, and the difference is immense, black and white. PSN home truely is revolutionary, so much so, i am considering selling my replacment 360 when it comes back, and going back to single PS3 console (sick of Microsofts constant problems). PSN home easilly had the potential to totally change the face of gaming as we know it.

Thats one hell of a PS3 deal. I lost lost out last year, I'm sure not getting left out this one...

Another bunch of Sony haters just shot their load I see.

Sad existance....

Seems like a ripoff of the PS3's XMB, crossed with Nintendo's Mii, and Apples CoverFlow...

A poor mans Home...

More clueless newbies.

The internal HDD format is not FAT32, nor is it NTFS, it's actually Encrpted JFS. External drives are FAT32.

Are all bloggers here tech cretins?

"Installs off a Blu-ray disc were as slow as ever, due to the the limitations of Blu-ray drive speed."

I think they need a crash course on drive speeds. The PS3's Blu-ray drive is faster than the 360's DVD and Wii's DVD drives....

http://forum.beyond3d.com/showthread.php?t=42157

Please stop your clueless PS3 hate... You would think Engadget had at least an ounce of tech knowlesde, apparently not...

@Dave Chappelle

Clearly you are the one without a clue.

MKV is a CONTAINER format, just like MP4, just like AVI.

It's what's inside is where the compression happens, it's usually AVC HD, which the PS3 already supports just fine....

LOL, you realise you got a 5 year wait for this...

Are all Xbox owers as stupid as this guy? I figure they must be.

"Nothing terrifically major for the PS3"..

LOL, what a bunch of clueless wankers there editors here really are. The feature list is VERY long, including Flash9 support, manual video chapters, turn off after downloading content, controller power management, trophy tweaks, ingame screenshots, notifications when your friends were last online, voucher code redemption directly from the store,

If this isn't major, what do they call the forthcoming Xbox update, which offerings no new features aside from game installation, and a facepaint...