The new PlayStation Plus Update has some great stuff in store for the members. You will be able to pick up Borderlands for free.
Also, you will be given discounts on Daytona USA, Space Channel 5: Part 2, Spelunker HD, and more. PlayStation Plus members will also gain unlimited access to the DUST 524 exclusive beta until September 3rd.
Also just announced, Premium useres will have access to the Battlefield 3: Armored Kill DLC for PS3 on September 4th, while the rest of the PS3 users will not have access until September 18th.