Sony exec confirms PS3 will get Blu-ray Profile 1.1 this month

[admin]

Sony's PlayStation 3 will this month be updated to allow it to support Blu-ray Disc Profile 1.1 - the version of the optical disc spec that enables picture-in-picture.

http://www.reghardware.co.uk/2007/12/07/ps3_to_get_bd_profile_1dot1/

Must stress that, despite the assured tone of the article, that all of this is still a rumour. There was one article that even claimed Profile 2.0 support, probably from the same set of quotes.