As a follow-up to our impressions on the latest PS3 firmware update, here’s some terrific instructions on how to stream and transcode your files to play on your PS3, provided by our good friends over at Gameswank.

You’re going to need a copy of Nero 7 fully installed (not just the Burning Rom portion). Follow these directions and you’ll be on your way…

• Turn your PS3 on and login, and leave it on your XMB
• Run a file in Nero Showtime to unblock the firewall that pops up and ALLOW.
• Run Nero MediaHome
• On the left are a set of Icons. Heres a quick setup:
  Hit the jump for more »