Congrats brotha,
you are in for a great ride
Patches on PS3 are so easily done you don't even have to think about it.
Whenever you start your game of choice and there is a patch available for that game, a screen will come up telling you that a new software update is available for that game.
It prompts you to click "OK" and off you go.
You have to be connected to the internet to do it.