Sony has announced plans to release a firmware for the PlayStation 3 that will reportedly boost Blu-ray interactivity.
News comes following yesterday’s panel discussion at the HDTV DisplaySearch conference in Universal City, California, where Sony’s Vice President of Advanced Technologies, Don Eklund, stated that the update would be released "soon."
Eklund did not divulge any further information at the time.
Sources have conjectured, however, that the most likely outcome would have Sony offering PS3 compatibility for some of the Profile 1.1 Blu-ray specs, a feature that is not currently supported by regular Blu-ray players, such as true video picture-in-picture playback.
Several upcoming movies will include features required to run off Profile 1.1, including Hairspray, Rush Hour 3 and Pan’s Labyrinth.
Stay tuned for more information as it breaks.
Source: HighDefDigest.com

That is fuc.... cool. Nice job
That sounds AWESOME!!!Nice to see Sony will keep us ps3/blu ray owners up to date.
nice work sony
This is GREAT! All those people that bought BluRay players though.... I guess they should have bought a PS3 and helped Sony out! :)
Pan’s Labyrinth was cool. Blu-ray all the way!
Blu-ray ftw
psn id: gingo.... i think its great that now we can just update our hardware without having to buy a newer version or buy new software to update it
I have to admit Pans was a great movie.
I'd probably watch it twice maybe 3 times but at AU$39.95 that's more than going to the movies with my mates two or three times and watching it on the really big screen... or I could rent it (as a new release) and watch it 13 times and still have money in my pocket... Or I could visit a torrent site and watch it for free. Lots of choices!
good, didn't take long to make a decision either.
I'm npt one for watching special features on either DVD or blu-ray so for me I can't see myself using this profile 1.1. Picture-in-picture doesn't really appeal to me.