“UPDATE: 7/2/2008, the PlayStation 3 system software version 2.40 has been temporarily taken offline and will not be available for download as our engineers examine any possible issues with this update. The Knowledge Center will be updated with information as it becomes available; please check back here for further details.”

Before they took action, Sony PR director Patrick Seybold told Joystiq they are “looking into it right now and will work with those customers [to] directly address any issues they may be experiencing.” Unfortunately, the only currently known fix for those with a non-operational system is a save game-erasing hard drive reformat. One could always transfer saves over to another media device prior to reformat, but the only other option at this time is sending it in to Sony for a $150.00 repair. Given Seybold’s comments, presumably Sony will be working out other fixes for systems that were broken with the update soon. As we reported earlier, the massive update includes an in-game Cross-Media Bar, the much talked about Trophy system, and many more features. We’ll update with further info when the 2.40 update goes back online.