According to a post from community manager Chris Own on the official PlayStation EU forums, an update increasing the friends list limit to 2,000 people is now live.
The update specifically applies to the Vita and upcoming PlayStation 4. The PS3, meanwhile, will still only allow 100 friends. Owen writes, "If you build a friend list bigger than 100 on PS4/Vita, network servers will automatically filter your friend’s list when you play on a PS3 system."
You will have some choice on who you see in that list of 100 if you run over the limit, though. The post continues, "You will be able to set and lock a pre-determined friends list to be used while you play on the PS3 system if you wish. Support for the ability to display all of your friends in most applications and games is planned, however, some titles will be limited to the current 100 Friends limit."
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