The version 1.60 features support for Bluetooth keyboards and mice, and an additional QWERTY on-screen keyboard, as well as background downloading for up to six items simultaneously. Folding@home feature allows PS3 owners to sign up to Stanford University's program by clicking the logo on the XMB (XrossMediaBar), and contribute while the console is in idle mode.
"Stanford University’s Folding@home program, a distributed computing project aimed at understanding protein folding, misfolding, and related diseases, such as Alzheimer’s, Parkinson’s, and many cancers. Using the power of the Cell Broadband Engine™, PS3 system can perform computer simulations for the Folding@home program ten times faster than your average home PC."
Source:
Press release