New for You can now transfer the data that is saved on one PS3 system's hard disk to another PS3 system's hard disk using an Ethernet cable (sold separately) Some games under the minis category of Play Station Store will soon be able to be played on the PS3 system.
If you have already downloaded games from the minis category of Play Station Store to a PSP system, you will be able to download and play the games on a PS3 system using the download list in Play Station Store.
* Some games from the "minis" category may not be playable on a PS3 system.
If your PS3™ system software version is 4.81 (or later), you do not need to perform this update.
And it goes a little bit like this: So, Inside your memory stick, you want nothing else apart from a folder that says PS3, and inside that folder, UPDATE (In capitals! Well once you’ve chanced death and pressed X on it you’ll be greeted by a screen like this Now’s the time where you plug your memory stick into the console, and select ‘Update via Storage Media’ Once you have done so, the PS3 finds the selected FW to which you just press X and it’ll start! Now’s the tricky part – For those of you who have a bricked console.
Now regarding the memory stick, it’s the same as above (format to FAT32, download , put in PS3//UPDATE) but after that, you’ll need to start up your console in safe mode by:2.1 Continue to hold down the power button after for 5 seconds, indicating the video reset, it will beep to let you know.2.2 Keep on holding down until you hear yet another beep – The PS3 will now power off.3.
PUP) using a compatible storage device such as Memory Stick, Memory Stick Duo, a USB key (FAT32) or PSP.
This document, titled "How To Install a PS3 Update Via a USB Key," is available under the Creative Commons license.