I can live with almost everything in this update, even the huge font and hideous friends list. .....but, the new advertising push completely turned my beautiful sleek PS3 into a browser popup ad. People who don't know how/don't want to use the PS Store aren't going to, no matter how many icons you throw onto the XMB. I want my PS3 to show me what I want to see, and it did so before. No I have to scroll across a pile of PS Store bags, and look at an Ad ticker when I load up my console? No thanks.
Ok, I'm done with my rant.. time for bed.