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Along with the newly added features added to update 3.60 like the big one, as Sony announced on PlayStation Blog, is the addition of a remote save feature for PlayStation Plus subscribers thanks to Sony’s new cloud computing. Basically, you get 150MB of storage space on Sony servers which allows for a maximum of 1,000 save files to be stored.
Also new with v3.60 is a feature which allows you to set how long an activated PS3 controller will sit idle before it shuts off due to inactivity. But thats only the good part, it seems there a hundreds of complaints of PS3 systems performing significantly worse or seizing to work at all and as many other problems as the amount of hairs on my balls. As someone stated in the US community blog.
After I saw this, I am a bit scared to update in case any one of the problems arise, which are quite serious. check it out at the source.
Source: PS3 Official Site
Last Updated: March 22, 2011