B-Line. I highly recommend upgrading to version 1.50 as this will fix any bugs that were present and give you added wireless security.

http://ps3mods.blogspot.com/ great source for PS3 info.

The PLAYSTATION®3 system software version 1.50 update includes the following:

• <LI class=li_users>Users
  • You can now select an image to use as the User icon from [Photo].
  <LI class=li_settings>Settings
  • [Key Tone] has been added as an option under [Sound Settings].
  • [Delete Backup Data] has been added as an option under [System Settings] > [Backup Utility].
  • WEP 128, WPA-PSK (TKIP) and WPA-PSK (AES) have been added as security methods that can be used with [AOSS™] under [Automatic].*
    * If you have already set up for AOSS using an earlier version of the system software, you must perform AOSS setup again to use the security methods listed above.
    * When [Automatic] is selected, the security method to be used is automatically set.
    * AOSS is a trademark of Buffalo, Inc.
• Friends
  • The method for saving your password / signing in automatically under PLAYSTATION®Network has been changed. There are now two separate options.

Other You can now enter text in Korean using the on-screen keyboard