So what does the update contain? The PlayStation 3's compatibility with older PlayStation 2 games has been improved. For example, you can now play PlayStation 2 titles which require a hard disk. You'll also be able to select HDMI as a dual output format in the settings.
It's not a major update but it seems like Sony will keep pushing these updates out quite frequently to address some of the issues with the new console. As long as they're free and timely we're certainly not complaining.

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