PlayStation 3 Firmware 2.42 is now available to download. The official announcement states that the update “improves the playback quality of some PlayStation 3 and PlayStation format software.” The official changelog states the same things, though users have been reporting that Life With PlayStation is now available too. Needless to say, some of you may decide to hold off updating your consoles to avoid the problems that firmware 2.40 caused.
We have yet to update our console, but once we do we will report any additional changed to the system software. If you decide to update your console, we recommend backing up your console before hand (just in case).
UPDATE:
PlayStation With Life was announced at E3 to be launching by the end of July, but was not included with PS3 firmware v2.42. Over at the PlayStation.Blog, Noam Rimon, Senior Development Manager for SCEA, has said that PlayStation With Life will be released in August. The delay is due to “a few procedural matters”.