Jeff Rubenstein had this to say on Sony’s PlayStation.Blog:

But because I know what you’re going to ask about, and because we don’t traffic in rumors and/or speculation, I invite you to come back to the Blog tonight (just shy of midnight Pacific). We’ve got a video to show you.

Could it be the video walkthrough of the long awaited Firmware 2.40?

I say yes, yes it is (hopefully 😉 )!!

Video of Firmware 2.40 Coming Tonight?

EDIT: Yup, part 1 is up on the PlayStation.blog.

Part 2 shows how trophies will work.