Sony Computer Entertainment America (SCEA) today announced that the next system software update for PS3, scheduled for the end of this month, will add Blu-ray Disc (BD) Profile 2.0 or BD-LIVE, enabling PS3 owners to experience interactive features, such as downloadable video content, ringtones, games, and more. In addition to BD-LIVE, the system software update (v2.20) will enable photo and music playlists on PS3 to be copied to PSP. Check full article for details.