As reported in on Kotaku and Joystiq, and decried across the Playstation community forums – Sony seems to have pulled the (in?)famous 2.40 firmware update. It is no longer available through the PS3 System Update, nor on the usual web links at Sony’s sites. No one is quite sure why yet; reports range from PS3s being stuck at the “waves” on boot, and not seeing any icons, to controller issues.

Joystiq managed to get a “we’re working on it” comment from SCEA just before the update was pulled.

If you’ve already installed it, and not experienced any issues, there doesn’t seem to be anything to worry about…. we’ll update you as the drama unfolds.

Cue your pining for the good ol’ days of non-flashable consoles.