Well, they said firmware 2.20 and its BD-Live! compatibility was coming and now it’s here. Now the PS3 is one of the first, if not the first, Blu-ray Profile 2.0 players out there.
Dude! DivX compatibility was increased! My Bleach episodes and a bunch of other AVIs, which weren’t working before, are now working fine! This is all through DLNA streaming as well.
For the lazy, there’s a video demonstrating the new firmware’s abilities.
Oh, and if you’re wondering if the PS3 is the best Blu-ray player, it may not be anymore. However, look at it this way, it could always be improved in the upcoming firmwares.