QUOTE(Chancer @ Aug 3 2008, 11:41 AM)

For no particular reason , other than curiosity after seeing people moan in various threads. I thought I would time the update from start to finish. Including downloading, restarting and installing it took 4 minutes 37 seconds on mine. That's it total. I don't usually bother how long it takes as I just set it going whilst I am doing something else. I read on one forum that someone's was still going after an hour

Mainly depends on your Internet connection and how well the Sony Servers are doing (I read most of them are based in Japan). On my 8MB connection and my PS3 connects wireless I think it can do it in about 5 minutes. Not bad at all really. That other guy was probably downloading the update as soon as it came out, because I think they sign you out of PSN then everybody downloads it at the same time making it slow.
Also I read the US PS Video store has like a similar update cycle to the PS Store so thats probably a separate thing. But I don't know since they don't have it in the UK.