This update isn’t much to write home about, but I’m doing it anyway. 

Update 2.60 is meant to enhance the PS3’s media capabilities, mainly with a new Photo Gallery Application. Pictures can now be organized in various groups, such as the camera that was used to take the pictures, the colors in the photos (kind of neat), facial expressions, and of course date and time. Slideshows can also be created with music and playlists. Oddly, the application has to be installed AFTER you complete the update to 2.60. For those PS3 owners who use their console as a digital photo album, you will enjoy this feature. For those like me, you will be more interested in additional video codecs.

With this said, the update also adds the ability of non-psn accounts to browse the store, as well as DivX 3.11 support (can never have enough support in this area).

Source

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