Mostly bugfixes in this release, here are the highlights:
ps3: Fix video bitrate calculation when using SPU decoder
Fix bitmapped subtitle formats (VOBSUB) on bigendian (such as PS3) systems. Ticket #433
Fix scanning of SRT subtitles Ticket #408.
webdavclient: Strip 'http://host' in webdav responses before parsing. Ticket #426
linux: Prefer openssl over libssl
ps3: Use system fonts (Latin, Japanese, Korean, Chinese) so lots of more characters should work now
subtitles: Autodetect encoding of SRT files
ps3: Fix seeking bugs when playing with cell acceleration
ps3: Force cell decoder into level 4.2 even if content is 5.x
Add support for all ISO 8859 character encodings and make it configurable in Language -> Settings which default character encoding to use for SRT files.
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I agree with you - however, it depends on how it is referenced. 'When will we get XBMC?' is pretty annoying, and I'd rather have a native PS3 app just like this. Just keep in mind the standard it set for homebrew multimedia playback and management.
i could convert mkv to avchd but some large files (mostly 1080p) don't want to convert at all and with the new firmware update 720p movies get the image cropped at the top right 1/4th of the screen upon playback.