I hardly play PS2 games anymore, but...of all the information that was thrown against the wall for this Press Conference, that and GT5 being dated were the only announcements not brought up. Price drop happened, Slim happened, even Firmware 3.0 happened, but not PS2 BC or GT5 dated? Really now...you can't help but think it's a done deal at this point.
BTW, this update just strikes me as the Xbox 360 update for PS3 with some of those features. Namely the What's Happening Board, game/video store highlights, and the friends/messages numbers.