According to the official playstation blog update 3.40 for the playstation 3 should be available from now.

This new update got many new features. A changelog can be seen below:

• PlayStation Plus: PlayStation Network users will be able to purchase membership toPlayStation Plus; a new subscription service on the PlayStation Network that provides you with new options to expand and enhance your gaming experience and enable you to gain an exclusive set of features and content. Friendly reminder, all of you PlayStation Network users will continue to have free access to PlayStation Network’s unmatched and expanding suite of new and exclusive features while PlayStation Plus subscribers will gain access to an exclusive and expanding set of gaming features, content and functionality.
• Photo Gallery: A new network based photo sharing feature is now available on the Photo Gallery. The enhancement allows you to upload, browse and comment on photos on Facebookand Picasa Web Album. You can also opt to share your photos between your PlayStation Network friends as well as print photos from Photo Gallery.
• Video Editor & Uploader: Video Editor and Uploader is a new function found on the XrossMediaBar (XMB), which enables you to edit, save and upload video files stored on the PS3 system to sites such as Facebook or YouTube.
• Five Star Rating Support: Users can rate the PlayStation Store content they have purchased with one to five star ratings.
• Power Save Settings: The default setting for PS3 System Auto-Off will be set at 2 hours, providing you with additional power save options and further improving power save features on the PS3 system.

A video walkthrough of the new firmware can be found by clicking on the read more button

This system menu version will delete your homebrew channel and any IOS that has been installed.

* Deletes the Homebrew Channel and DVDX, title IDs HAXX, DVDX, JODI, DISC, and DISK.
* Now uses IOS80.
* IOS254 stubbed BootMii is deleted.
* Fixed Bannerbomb less stupidly this time.
* Added IOS58.
* HackMii Installer Userland+Syscall IOS exploit removed
* NANDFS privilege escalation fixed
* ES_AddTitleFinish now checks the signature(Trucha Bug Restorer and similar won't work anymore) 

So if you are a homebrew user it is not recommended to update your wii with this update

And here's what Nintendo says about this new update:

June 21, 2010

Wii Menu 4.3

Unauthorized Modifications
Because unauthorized channels or firmware may impair game play or the Wii console, updating to Wii Menu version 4.3 will check for and automatically remove such unauthorized files. In addition, there are some behind the scenes enhancements that do not affect any prominently-used features or menus but will improve system performance.

If you are seeing "Error:004," please click here.

The trailer of the new upcoming call of duty: Black ops by gametrailers.com. Release date is: November 9th 2010

We at Treyarch are excited to reveal our latest development – Call of Duty: Black Ops! Be sure to head over to CallOfDuty.com/blackops as more details begin to unfold! Follow @JD_2020 and @Treyarch on Twitter for the latest news & discussions regarding Black Ops.

Hi everyone, in our continued effort to provide the best, most comprehensive entertainment experience possible, we’ll be adding a few new features to PlayStation 3 (PS3) via the latest system software update, which is a mandatory update and will be available shortly. Most notably, you’ll see some new sorting options within Trophies that make it easier to claim bragging rights among your friends on PlayStation Network.

• Trophy enhancements –- Now you can more easily sort trophies in the [Trophy Collection] and [Comparing Trophy] sections. Sorting can be done with [Trophy Collection] in the [Game Category] and also when comparing trophies with your friends in the [Friend Category]
  • Trophy Folder (Title List) can be sorted by game name/ by title according to the date in which you earned your last trophy (ascending/descending)
  • Add-on list (Group list) can be sorted by original/the date in which you earned your last trophy (ascending/descending)
  • Trophy list can be sorted by original/trophy name/grade/date of obtaining the trophy (ascending/descending)

In addition, this update preps the PS3 system for some upcoming new features, including 3D stereoscopic gaming, which is coming soon to PS3, in time for the launch of Sony’s 3D BRAVIA TVs.

Source: Official PS Blog

Although a specific reason for the delay wasn't explicitly given, it looks like it probably amounted to Sony needing more time to launch the device with a strong line-up of compatible games. "We have decided to release the Motion Controller in fall 2010 when we will be able to offer an exciting and varied line-up of software titles that will deliver the new entertainment experience to PS3 users," explained SCE president and group CEO Kaz Hirai. "We will continue to work to have a comprehensive portfolio of attractive and innovative games for the Motion Controller, not only from SCE Worldwide Studios but also from the third party developers and publishers, whom we have been working closely with."

And in a separate but related PS3 motion controller rumor floating around the net, VG247 reports that an official name for the device has been chosen: According to an anonymous but "concrete source," the name is Arc. Yes, Arc. No explanation for this supposed name was given (all weird controller names need an equally weird and strained explanation, don't they?), but Sony gave VG247 a standard "we don't comment on rumor or speculation" response.

But the delay to fall is definitely not a rumor, and sets up an interesting battle later this year -- with Microsoft's Project Natal also previously announced for a fall release, both Natal and the PS3 Motion Controller will now launch just about side-by-side.

Source: 1UP