http://blog.eu.playstation.com/2014/03/19/new-ps4-update-add-share-enhancements-hdcp/
New PS4 update to add SHARE enhancements and HDCP Off
Big new firmware update due in the coming weeks find out whats included
Here at PlayStation, we listen closely to your comments and requests, which are weighted heavily when looking at the future of our platforms. Since PlayStation 4 launched, weve heard a lot of great feedback from you about what you like with the platform and what youd like to see us work on.
Im happy to report that, as a direct result of your feedback, well soon be bringing some of your most-requested features to PS4 with a system software update in the upcoming weeks. These features and additions will help make your PS4 even more socially connected by further enabling you to customise your most epic gaming moments and granting even more options to show them to your friends.
This upcoming update will add a rich video editor with a simple tool to personalise your video clips, and youll also be able to export to and save the videos and screenshots you create by pressing the SHARE button to a USB drive. In addition, this update will add an HDCP off option for capturing gameplay via HDMI, a feature weve previously said would come after launch.
We recognise that some gamers want to record and share longer clips of their gameplay sessions, and were excited to deliver this option with PS4. Theres a lot more coming in this update as well, so stay tuned for more there will be plenty in the update to excite everyone.
As part of a separate system software update in the future, we have been working with our partners at Twitch and Ustream, and will also be adding the ability for Twitch broadcasts to be archived another highly requested feature among PS4 fans who are taking advantage of the SHARE button features. These broadcasts will be also provided with a higher resolution of 720p, so PS4 fans can enjoy live broadcasts with clearer images. Well have more to come on these updates and more in the coming weeks.
The bitching about the lack of news worked!
EDIT: Looks like light bar dimming might also be included in this update:
Most of these features were leaked on the 5th so we should be getting light bar dimming too.
http://www.avforums.com/threads/ps4-firmware-update-1-61.1855953/page-5#post-20421942
EDIT 2: Preloading too?
So preload coming to the PS4 in April?
https://twitter.com/SuckerPunchProd/status/446362096096116736
EDIT 3: Light Bar dimming confirmed.