(adsbygoogle = window.adsbygoogle || []).push({}); Ok, I have CFW 3.55 on my ps3, Will anything happen if I update my playstation to the new firmware that sony are releasing?

Nope it should be alright, if it's being caught your worried about you can't be banned for having a CFW

Thanks for clearing this up for me, I wasn't worried about being caught I was just worried that it would stuff or something

The only thing you'll lose is the CFW, you'll be fine. I'm pretty sure the update would be just like a hacked psp. Where you lose the hack when you update to official/newer firmware