Those of you switching your PS3 on today will be able to download firmware update version 2.20.
This was promised in "late March" (we've just checked and it is late March right now), and brings with it BD-LIVE interactive film features as well as the ability to copy PS3 files like music and photos to your PSP.
BD-LIVE lets you download Internet content such as bonus scenes, shorts, trailers and images. You can also grab ringtones and transfer them to your phone, as well as take part in movie-based games.
Probably more important for you lot is WMV and DivX support for files over 2GB, though.
Pop over to our 2.20 announcement story for a full rundown on the changes.