The new 1.7 firmware update for the PS4 should come some time in the next couple weeks, and there are hints to features that Sony hasn’t yet announced.
First of all, analyzing a screenshot of the System menu of the Japanese version of the update, there’s an option that isn’t available in the current menu besides the highlighted ability to disable HDCP. You can see it in the screenshot below on the 6th row. It’s an option to automatically upload error reports to Sony, in order to help them improve the firmware further in the future.
The last line also does not appear in the current firmware, but that’s just a license agreement.
Another very interesting option has been mentioned in passing today in an article on Nikkei’s tech-focused subsite ComputerWorld, and it’ll definitely please those that want to save space on their hard disk.
At the moment whenever you press the “share” button the PS4 will automatically record a rather sizable chunk of video, taking valuable hard disk space even if you just wanted to take a single screenshot. According to Nikkei the 1.7 update will introduce the ability to shorten the duration of the video saved or to disable the automatic recording altogether, allowing you to save precious megabytes if you’re not interested in video replays.
Of course the presence of those options hasn’t yet been officially confirmed by Sony, but considering the appearance in an official screenshot and the reliability of Nikkei, I’d say it’s almost safe to consider them in the bag.