Sony have announced Playstation Home update 1.5 and released a new trailer for Sodium Two, a game that makes use of the 1.5 Update. The 1.5 update is set to come in early Spring and adds new tools that can be used to enhance the Home experience. these tools include improved physics, more realistic graphics and animations, and better real-time multiplayer. The main idea behind the 1.5 update is to bring better games to Home.
Source: USA Playstation Blog