Tired of playing games and watching movies on your PS3? Would you rather be editing photos on it? Excellent, because Sony is releasing a new app to the PlayStation Store today. PlayMemories Studio is a downloadable program that allows you to view, edit, and share videos and photos directly from the PS3.

You'll be able to edit images by adding "action tags," such as slow motion and frame-by-frame playback. You can also insert captions and scripts.

Read more: Free for PS+ members, paid for everyone else »