You're S300 is not 1.1. It's 1.0 as it can't play true PIP feature on disc that have them ( Sunshine and Resident Evil 3 as of right now).
Profile 2.0 add downloadable content .... that's all
the S350 that will be released this summer will be profile 1.1 at start and 2.0 upgradable in fall, but if you don't care about Online with movies... you won't miss much..
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