Sony Computer Entertainment America (SCEA) announced the release of the a new system software update (v2.70) for PS3 which includes several new features that enhance how PS3 users communicate and interact with their online friends. The new firmware delivers a new Text Chat feature that enables users to chat with their online PlayStation Network friends. Other updates include enhancements to the Friends list on the XMB (XrossMediaBar) and improvements to the video delivery service on PlayStation Store - visit this page for details.