A PR guy from Sony was quoted saying that at that time they were, "looking into it right now and will work with those customers [to] directly address any issues they may be experiencing." Which translated into, "send us your system that we broke and we will fix it for you for $150.00". One of the features of the new update was to incorporate the Trophies which were to act much like Xbox Lives Achievements.
Finally, the update was pulled and it has not been announced when the new fixed update will be available again. Kinda makes one nervous to even download and install the re-release when it comes out, doesn't it?
Anyways, just wanted to see if any of our readers here had this effect them? My friend's Xbox 360 was one of the ones that crashed when the 360 had this similar issue. Did any of you guys have to wipe your hard drive? Did any of you get the update to work? If so, what do you think about the trophies system, have you gotten any yet?