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S.T.A.G.E. said:

I edited my post because of that typo. Anyway, theres a reason theres always firmware updates on PS3's.

And what happens for people who don't have internet connectivity?

Other than that, there's the question of the cost of manufacturing the multi-layer BluRay discs, not to mention the time required to read them - do you really want a game with load times that get measured in minutes?