During this Tuesday’s regular PSN update, Sony also released a new application for the PS3 called Filmy under the Media tab. Designed to cater to those who enjoy HD videos, Filmy is specifically designed to play back AVCHD files on the PlayStation. Many of Sony’s Cybershot and Handycam camcorders record in this format, but other manufacturers have used this codec as well. The video-only application is priced at $5, and there is a 15-minute free demo available as well. Once you’ve launched the application, you will be greeted with a simple and clean menu that gives you the option to either view your video in a timeline or look at your video on a world map, great for those who own GPS enabled cameras and even more familiar for those who have used iPhoto. Other features include finding video based on favorites and face/smile detection. Now hit the jump as we provide a full video overview of the application.