Sony releases their latest PlayStation update today in their 4.5 release. The update includes various niceties for everyone and PSVR owners.
New PlayStation 4.5 Features
PlayStation fans can enjoy a bunch of new features such as external HDD support, custom wallpapers, quick menu refresh, simplified notification list, post on PlayStation network activity feeds, and for VR we have 3D Blu-rays on PlayStation VR.
3D Blu-rays on PlayStation VR
If you are a fan of good 3D movies (there are plenty of crap ones), then the 4.5 update adds the ability to view 3D movies in stereoscopic 3D directly on the PS VR headset.
Improved PSVR and TV Integration
Before the 4.5 update, when you turned on your PSVR, the image resolution on your TV dropped. With the 4.5 update, it should remain the same.
Improved Cinematic mode
Sony upconverts any game, normally from 60 Hz to 120Hz. However, this was not the case for the Cinematic mode. With the 4.5 update, the Cinematic mode will also be at 120Hz.
You can review all the Sony PS4 features in their blog post.