According to Jim Cordeira over at Gaming-Age, the long-awaited firmware 2.4 update for PlayStation 3 will hit later this summer, complete with a universal friends list and in-game XMB functionality.
While Sony has yet to comment, it's no secret that a major firmware release is due out soon. Back in March, SCEE UK head Ray Maguire made mention of 2.4, but did not provide specifics - aside from confirming that the update would hit in the summer and include "in-game communication."
An EA employee who goes by the alias of "evilone" on NeoGAF gave credence to Jim's report, noting that "there is more then just in-game XMB coming in 2.40."
We're still cautiously filing this under rumor, but there's a 99.9 percent chance it's all true. No doubt.
Thanks krazyking for the tip!
PS3 In-Game XMB is coming [Gaming-Age]