To start off, Yes this is gonna be a big update, not just an ordinary one where it just doesn’t really do anything like the last one, but if you havn’t heard about this already in the past this feature is called, VidZone.
Update: The videos are no longer available.
This gives us a new feature on the music section of the XMB, what this feature allows you to do is watch over 1000’s of free music video’s streaming directly on your PS3, aswell as transfer them to your cellphone or PSP using Remote Play.
We can also see that there is another option on the XMB menu, what looks like a screen with a wirless signal, any guess?
This update is gonna be fully revealed at Sony’s E3, and the update will probobly go live on June 4th.