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Well there was some rumor that it might release in response to GTA IV and it did...pretty darn fast if you ask me.

Quote:
PlayStation 3 firmware update 2.35 is now available. According to the US PlayStation Blog, v2.35 is "a relatively minor update to improve stability of some PS3 titles." We're willing to wager a handful of stolen cars that "some PS3 titles" is a better way of saying Grand Theft Auto IV, whose compatibility with older PS3 models has become a topic of discussion and a sore spot for early adopters of Sony's console. An alleged Take-Two email yesterday hinted at a Sony firmware update.
SOURCE



hmm i just found a couple posts from some Mods over at www.us.playstation.com blog entrys earlier today...

Quote:
I just wanted to give everyone a quick heads up that a PS3 firmware update (v2.35) will be released shortly. This is a relatively minor update to improve stability of some PS3 titles.
then a seperate mod wrote

Quote:
I just want to clarify that this upcoming firmware update isn’t related to GTA IV. For those of you who may still have an issue playing the game on your PS3, we have identified a solution that should resolve the issue. You can contact SCEA Consumer Services for support — their contact info and hours of service, as well as more information on this issue, are available in our Knowledge Center (http://playstation.custhelp.com/).
..contriditcting..

PS3 blog entry
Edited by Nick226 - 5/14/08 at 8:46pm
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The Octagon
(13 items)
 
  
CPUMotherboardGraphicsRAM
Core i7 920 @ 4.0GHz w/1.29v eVGA x58 SLI 2x eVGA GTX260's SLI 3x2GB G-Skill @ 1600Mhz 9-9-9-24 
Hard DriveOSMonitorPower
2 x Western Digital 300GB - RAID 0 Vista Ultimate 64 Bit Samsung SyncMaster T220 22"/HP 19" LCD Corsair HX1000 
Case
Cooler Master Stacker 830 
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