Without any announcements the Playstation 3 2.42 firmware update is available now via the Playstation 3.
At the moment there have been no press releases or updates on the Playstation website to tell us what the update entails, so for now we have no idea what the update adds, updates or fixes.
The update server is very congested at the moment and it is almost impossible to download the new software, we will keep you up to date with details on the update as we find them.
From Playstation Blog: "Just wanted to give everyone a quick heads up that a PS3 firmware update (v2.42) is now available for download. This update improves the playback quality of some PLAYSTATION 3 and PlayStation format software."
Also it looks like the trophies have been optimized and are loading alot quicker too.