this nfo is on the ign site http://psp.ign.com/articles/638/638147p1.html

August 1, 2005 - Sony announced the release date today of the next firmware update for American Playstation Portables. Beginning August 12, 2005, users can download Firmware Upgrade 2.0, which gives westerners a web browser, photo sharing options, a customizable interface, broader network connectivity, and a few tweaks to the audio and video play back.


The release is going to include all the features that the Japanese got last week in their nifty upgrade. Sony recommends that if you have an American PSP and you downloaded the Japanese software, that you go ahead and download the American version. Operating under the Japanese 2.00 update on your American PSP voids its' warranty. In this case, the Japanese software is said to fall under the category of "unauthorized software." The 2.0 update has now been tested and authorized for use American PSPs specifically, and the NA version to be released will be fully authorized for use with your PSP.
There's no official word, but we're expecting Sony to populate the web with a few PSP-sized websites that view easy on the screen. They did it with the Japanese update, offering Sony sites that gave product info about the PSP. Sony has also mentioned that the 2.0 update will be made available (and, by that, will be required) in select PSP games released this fall.

Users will be able to download the update directly to their PSP through the Network Update feature under settings. An 802.11b hotspot connection is required for this option. Users can also download the upgrade file to their PC from http://us.playstation.com/psp, and then upload it to their PSP through USB.