VG247 has learnt that PS3 Firmware 3.0, “a completely new system” for the console, is to release pre-Christmas with a raft of major feature updates.

The software upgrade has been described to us as “a huge overhaul”, and was compared to NXE “in some respects”.

The before-rumoured reputation system will be included. We were told that, “A reputation system in which users will be able to evaluate each other will be provided for… game applications.

“There will be a new API available to so the user can… allow users and also obtain users’ reputation.” Read more