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UPDATE: The PS3 Firmware (v3.00) update is now live. You can use this update to upgrade your system software to version 3.00.

Just in time for the official launch of the 120 GB PlayStation 3, PS3 Firmware (v3.00) will be available shortly. As detailed during gamescom 09, 3.00 will introduce a number of great features, including “What’s New,” a redesigned status indicator and Friends List, and support for new avatars and dynamic themes.

We look forward to your feedback once the update goes live.