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From GayGamer: PS3 2.40 Firmware Arrives July 2 (With Video)

Fruit Brute posted the following PS3 firmware update information on GayGamer, and I wanted to make sure it made its way over to the Homotron laboratories and experimental dungeons. This update adds some major features to the market's best Blu-ray player:

Sony has finally announced the arrival of PS3 firmware 2.40! The update will arrive this Wednesday, July 2nd, just in time for the holiday. It will include the oft requested and much anticipated in-game XMB which will allow players to access the Cross Media Bar while playing a game (amongst other features). The other big addition will be Trophies, Sony's version of Xbox achievements. The list of first party games that will support trophies at launch is as follows:
Super Stardust HD

BUZZ!(TM) Quiz TV

LittleBigPlanet

MotorStorm: Pacific Rift

NBA 09

PAIN

PixelJunk(TM) Eden

Resistance 2

SOCOM: U.S. Navy SEALs Confrontation

Warhawk

You can check out a full description of each of the new features (and another video detailing Trophies) after the jump.

XMB Access In-Game
XMB access in-game will enable gamers to interact with friends using messaging, view their friends' online status and profiles (including their -- all without interrupting the flow of gameplay. By pushing the PS button on the PS3 controller, the Home menu takes center stage over a game in progress. Depending on the game, XMB access will either automatically pause the game or it will continue to run in the background. With these enhanced communications features further connecting the PLAYSTATION Network community -- which has more than 9.8 million registered accounts worldwide as of June 2008 -- the Friends list capacity has doubled to 100 Friends.

Beyond utilizing Friends list features, XMB access in-game will allow users to sign-in to PLAYSTATION Network, manage PLAYSTATION(R)Store downloads, quit a game, and access various options within the Settings category. PS3 users can also quickly end their game and navigate directly to other PS3 system features simply by selecting to view content such as photos or videos stored on the system's hard drive. XMB access in-game works with most existing PS3 games.

In addition to these enhanced community features, the 2.40 update lays the groundwork for gamers to customize their individual gaming experience by accessing the XMB during a game and selecting music stored on their PS3 system's hard drive. Once a music file is played, users can access a control panel via the XMB that enables them to pause, stop, or repeat the track; go to a different track; or shuffle. The 2.40 update provides developers with the tools that will enable them to offer personalized background music as an option in their games, and the supporting titles are expected to be announced in the future.

Additionally, the firmware 2.40 update includes Google-powered Internet search functionality on the XMB, allowing users to input search terms and be directed to a search results page without having to first open the PS3 Internet browser. PSP(R)(PlayStation(R)Portable) system recently added similar Internet search functionality through a firmware update.

Trophies
Trophies offer a new and innovative way for gamers to showcase their gaming accomplishments. PS3 users can earn virtual trophies, which will be viewable on the XMB's Game category under a new Trophy Collection icon, and will also be touted through individual profiles. These profiles will serve as virtual representations of PS3 users, allowing them to personalize their identities and display their gaming accomplishments within the PlayStation community. Gamers will be ranked on a Level-basis depending on the bronze, silver, gold, and platinum trophies they earn across all games. They will also be able to see how much progress they have made toward the next Level, as well as compare their Trophies to friends.

PS3 users can expect to see first and third-party games bringing Trophy support to their feature sets through 2008 and beyond, providing even greater opportunity to showcase their accomplishments and compete with friends. SCEA is actively working with developers to ensure that Trophies are incorporated into new titles in the future.