A PlayStation Home BETA participant with access to a restricted PlayStation Forums thread has passed along a potential release month -- October -- for the next major PlayStation 3 firmware update (v2.50), http://www.ps3fanboy.com/2008/09/19/home-manager-says-firmware-2-50-home-1-00-set-for-october/ reports.
The date was suggested by Home manager "TedTheDog" who clarified, "late October is my guess." The update will supposedly include a bug fix for freezing and network errors currently affecting Home users.
Ted (just "Ted" is okay, right?) also hints that Home v1.00 could coincide with firmware v2.50's release -- Home is currently at v0.98.
Common sense, while not always a part of Sony's repertoire, tells us that Home 1.0 is the version that goes public -- we'll see. More PlayStation 3 News...