PlayStation Home will be updated to version 1.0 tomorrow, and soon after it will be released to the public. Closed beta testers will have the first chance to test out the new version, but invites to non-testers will be going out from Friday. The update on Thursday 20th November will mean there will be some downtime on the service. Two batches of invites will be going out to gamers in the SCEE territories so be sure to check your email on Friday.
The new version of PlayStation Home will ask you to reserve some hard disk space for use with the current versions and the future versions. Home will occupy 3077MB of space on your hard disk so be sure you have enough space available. If you are a existing beta tester, any clothes you have purchased will be replaced with the default set and furniture from your Home Space will also be removed. Any items you have unlocked will remain in your inventory.