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Sony Computer Entertainment Europe (SCEE) just announced the availability of the latest version of the PS3 firmware, Version 1.80.

This is a significant upgrade as the system will now have the ability to upscale PlayStation and PlayStation 2 games, as well as DVD movies up to full 1080p HD resolution.

So bust out those PS1 and PS2 games, dust off the ol’ DVD collection and get ready for a dramatic enhancement in picture quality PS3 owners. A feature like this is normally reserved for the upper echelon of DVD players, and now thanks to the 1.8 Firmware upgrade … its all yours. Shove that in the face of those happy little Wii owners!

Version 1.80 also allows for Remote Play on your PSP across the internet, essentially allowing you to access your PS3 from anywhere in the world with running water, sunlight, and a broadband connection. Throw in enhanced home networking capabilities that now allow you to stream rich media to your PS3 and wallah, the price tag doesn’t look so bad after all, now does it.

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