If you always want to be on the latest (and not particularly greatest) firmware version on your PlayStation 3, then Team REBUG has you covered as they’ve just released Rebug 4.86.1 LITE which is based on OFW 4.86. Team REBUG offers some of the most popular CFWs for CFW-capable PlayStation 3 consoles (i.e. minFW of 3.56 or below) which come with a good deal of features including the ability to toggle the QA flag, boot into OtherOS, the Rebug Toolbox, a Package Manager and more.
As per its change log, which is in the link below, Rebug 4.86.1 LITE comes with:
An OFW 4.86 base
Rebug Toolbox 2.03.04 which comes with support for 16 languages
Improved Stability which undoubtedly stems from the rock-solid OFW 4.86