Woot! Another Firmware update! This time, it's still a bit small, but after the 2.40 fiasco, Sony is taking things slowly.

This firware update is largely about the Playstation Network, so here is what's happening with the PSN. 

You can now rent videos from the PSN! Code cards have also been introduced, like Xbox live's Marketplace service, you can buy 20 bucks in retail with a code for the PSN so you don't have to enter your credit card in there.

See?  Burnout Paradise is available on the PSN now, by the way.

The Account Management screens have also been changed to fit int with the modern theme of the Playstation Store. 

And.. A few updates have also been included for the video, music and Blu-Ray capabilities.

The volume control has been introduced for videos and music, it can go up to volume 9.

And for Blu-Ray, Chroma Upscaling! According to Sony, Chroma Upscaling is... "During BD (BDAV) and DVD playback, a technique known as “chroma upsampling” is now automatically selected based on the movement of objects within the video content and then applied to enhance images in the content."

Here are the rest, straight from Sony's update site.

Scene Search

(Scene Search) has been added as an option on the control panel.

You can use this feature to view thumbnails (created at certain time intervals) for video content that is saved on the hard disk or storage media. Select a thumbnail to start playing the video from that particular scene.

Reconnecting Bluetooth® devices

The method for reconnecting Bluetooth® audio devices with the PS3™ system has been changed in [Audio Device Settings] under (Settings) > (Accessory Settings).

If a Bluetooth® audio device has been disconnected from the PS3™ system, you can reconnect the device by selecting it from the list in [Audio Device Settings] under (Settings) > (Accessory Settings). Press the button to display the options menu, and then select [Connect].

Power Save Settings

(Power Save Settings) has been added as an option under (Settings).

To save power, the PS3™ system and wireless controllers can be set to turn off automatically after a certain period of inactivity.

System Auto-Off

Sequential Playback

[Sequential Playback] has been added as an option under (Settings) > (Video Settings).

You can now set the PS3™ system to sequentially play multiple video files that are saved on the hard disk or storage media.

Account Management

You can now manage PlayStation®Network accounts directly from the XMB™ screen. The menu items under [Account Management] have been reorganized for improved usability