PlayStation Store update is a special one. It’s not special because of the numerous DLC discounts for Burnout Paradise and four Need for Speed titles. It’s special because the Uncharted 3 multiplayer beta is now available to everyone. If you didn’t download it before, consider yourself lucky for avoiding the nasty bugs that plagued the beta in the beginning. PlayStation Plus members are also getting some free games such as Bomberman ULTRA and a couple PSP minis.

GameStop’s pockets have gotten even deeper. The company announced earnings for its fourth quarter which ended on January 29, 2011. GameStop’s sales totaled $3.69 billion, while its earnings increased to $237.8 million. Both of these margins increased compared to last year. GameStop is doing so well, the company will expand in 2011.

Imagine a place where every wall is covered with PlayStation merchandise. This is a happy place, a calm place and a place where Gran Turismo 5 is never delayed. Such a place exists my friends, and you are invited to partake in its marvels. All you need to do is travel to 550 Madison in Manhattan and look for the PlayStation Lounge.

Final Fantasy, one of the most acclaimed role-playing game series, is gearing up to debut its latest installment with Final Fantasy XIII. This long awaited sequel will feature innovations in different areas of the game as well as some impressive visuals.

One of the main areas getting a revamp is the battle system which has been reworked in favor of a more interactive gameplay, including combos and an all new summon system.

Another area that will include some innovations is the store system. Final Fantasy XIII is introducing something that resembles an online marketplace. Players will be able to buy and sell weapons and equipment in an in-game virtual store. These virtual stores only provide access to a fictional “internet” of sorts and will not involve actual transactions between different players. The stores will be available at all save points where players will be able to access the system and trade their stuff.

This week’s PlayStation Store is full of action-packed games to keep you entertained. First game available in the store is Teenage Mutant Ninja Turtles: Turtles in Time Re-Shelled for $9.99. It takes everyone’s favorite ninja turtles Donatello, Micheal Angelo, Raphael and Leonardo back through time to fight Shredder, foot-soldiers and many familiar foes – including Krang and Leatherhead – to repair the damages done in the present. In this game you can face Shredder’s army alone, invite up to three friends to play at home or go online and play. Recreated in beautiful full 3D HD graphics and animations, players will enjoy that the game retains its favorite moments and familiar game play of the original.

This week’s PlayStation One Classic will take players back to the small ghost town of Silent Hill for $5.99. Follow Harry Mason through the town of Silent Hill in search of his daughter Cheryl lost somewhere on the dangerous streets of Silent Hill filled with bizarre creatures and strange people. Celebrate its 10-year anniversary and re-live the frightening story of Harry Mason and play the game that started it all.

This week members of the Sony Home community are treated to exclusive clips from Criss Angel’s upcoming show and an exclusive limited time free item at the theater now through Aug. 12, 2009. The free item is a coffin-style sofa for their personal spaces, also, while watching the clip players will be entered into a give away for one of two real-life coffins used in Criss Angel: Mindfreak and one of three Criss Angel: Burn DVDs and books. Only five winners will be selected and to participate register and log on to Sony Home and visit Auditorium 1 to watch the video. Players can find the Theater in Central Plaza or by selecting the space from the World Map.

There really isn’t anything new going on space wise on home but there are a few new items available at the shopping mall located in Central Plaza, check it out:

The PlayStation Store has a new section for E3 2009 games, wallpapers and videos for download especially PlayStation 1 Classics that fans of Final Fantasy and Medal of Honor series have been waiting for. Not to mention a few freebies and trailers for upcoming games.

This week the PlayStation Store prepares for E3 with an entire week of daily information of the latest games out from E3 with videos, themes and game contents as they are revealed beginning Tuesday (June 2, 2009.)

This Thursday’s (November 13, 2008) PlayStation Network update will bring more than just another game or theme, it will bring a whole storefront. The Capcom storefront we previously reported is coming to fruition much sooner than any of us thought.

The storefront promises to bring all of Capcom’s digital content on PSN together in one easy to find and navigate store. Navigation seems to work exactly like it does on the regular PSN store and, sorry guys, no word yet about

Sony has released the details on its next firmware updates for PS3 and PSP.

While no release dates were given for the updates, Sony expects both will be released within the month. The updates promise to bring in a slew of conveniences and, of course the big one for Playstation Portable owners, the Wi-Fi store.

Click through for a complete list of the upcoming PSP and PS3 firmware updates…