Well someone explained to me this is Sony's RROD it's called the YLOD it is broke and you have to pay 150 dollar to let it get fixed, very bad! Google on ylod and you find more information.
I have the same problem, when I turn on my PS3 (40Gb) it bleeps 3 times and turns of, the start-light keeps blinking red. I can't get it to work at all? Anyone an idea what is wrong?
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