http://kotaku.com/5457808/ps3-version-of-bayonetta-getting-update+
Not all multi-platform games are the same. Take SEGA's Bayonetta.
One complaint from PS3 players have been that Bayonetta has long loading times. This upload will offer the option to install the game directly on the PS3's hard disc drive. The Japanese update will include an "Install" option in the game's menu screen.
It is possible to install Bayonetta, as with every xbox 360 title, directly onto the Xbox 360's HDD. However, the Xbox 360 version of Bayonetta does not offer players this option directly through the game's menu screen.
The update will be available starting January 28.
While the Xbox 360 version of Bayonetta received better reviews, the PS3 version outsold the Xbox 360 version in Japan.
Interesting, seems like it was about time to show some love to ps3 version of bayonetta. Hope this solves or helps to solve the issue of loading times since i know a lot of persons who didn't get the game mainly because of that. Glad to see SEGA listen to people. (better late than never)