Its been some time ..and with 2.6x being very much plagued with minor problems.. everyone needed 2.70 to hit as soon as possible. today Sony has released their 2.70 update.

The following are the features..

Latest PS3 Update

Now, you’ll be able to chat with up to 15 online friends using the Wireless Keypad, on-screen keyboard, or other compatible keyboard peripherals. Not only can you chat with your friends instantly, but you can also access Text Chat while playing PS3 games and even participate in up to three chat rooms at once.

In addition to Text Chat, we’ve added a few more enhancements:

Friends list on the XMB (XrossMediaBar)

* Sort your friends via their online status
* Attach larger files to the messages you send to your friends (file size will increase from 1MB to 3MB)

Video delivery service on PlayStation Store

* Video files you’ve purchased from the PlayStation Store can be backed up to an external storage device and then restored to PS3’s internal hard drive for playback – so you can clear up space on your hard drive and then restore the video anytime in the future
* Videos you’ve purchased for PSP (PlayStation Portable) system can now be transferred to PS3 for playback

Other features

*Dynamic Normalizer for game Music and Sounds

*Improved Trophy Section – Loads much faster Now

Download Firmware From here

At prsent the Official site hasnt been updated with 2.70, but you can get it through the PS3 Online Update