This is an update you'll definitely appreciate.
Sony has detailed the anticipated new 1.70 firmware update for the PlayStation 4, and it's full of cool new features.
For instance, you'll be able to pre-load games you purchased digitally, which means you'll be able to start playing mere minutes after midnight on launch day. Each game will even have its own countdown so you know precisely when you can boot up and get going. Update 1.70 will also deliver SHAREfactory, which will let you apply basic edits to your Share Button activities, and apply commentary or on-screen text. You can even import your own music for your videos.
Edited videos can be exported to the USB drive as well, if you're so inclined. Oh, and it's true that the update will allow you to disable HDCP on your games, allowing you to pass the signal through an external capture device. Of course, that's only if you really wanna.
No date for update 1.70 yet but it should be arriving soon.