Sony has just released firmware update 2.42 recently. It was just a few weeks back that 2.41 was released to fix a problem with firmware update 2.4 that caused PS3 consoles to get "bricked". Though there is no detailed explanation of what firmware update 2.42 does, it is working fine. Took at least 30 minutes to download and install it, and I never encountered any errors. Hopefully Sony would release greater updates in the future.