We're still working on 2.40, says SCEA
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Speaking to Loot-Ninja, SCEA's Jeff Rubenstein has confirmed that work is still ongoing on Firmware 2.40.
"We’re still examining the cause of the problem," he said. "We’ll announce as soon as we are ready to resume the system version update."
Firmware 2.40, the PS3 software that adds in-game XMB and various other anticipated features to the console, was pulled after being available for less than a day after various complaints of system lock-ups.
Hopefully we'll get more on this during UK working hours today.