English: The original “fat” PS3. This is a 60GB model with backwards compatibility and memory card reader. Shown with the Sixaxis controller. (Photo credit: Wikipedia)
Let’s keep it short, sweet, & simple…MOTHERF***ING YELLOW BLINKING LIGHT ‘O DEATH (YBLD)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thankfully, thanks to this guy’s video series, I was able to fix it & keep it on long enough for me to transfer the data to my newer, 120GB slim model, but oh, the misery it brought me during the brief time of no Sony awesomeness -.- Not to mention, I had to follow up and buy a new PS2…despite having to trade in my awesome, great condition PS2 to lower the costs of the 60GB PS3 in the first place, the freakin’ irony ~.~
F*ck Everybody…The Life of a (Slight) Misanthropist 
The first version was so huge and bloated. I have the second version with 250Gig and I love it. I heard that an even slimmer version is coming out.
I actually liked the huge bloated model. At least it gave me some justification for why it was so freakin’ expensive (~.~), but I do also love my new slim model as much as the old one. It’s just that replacing it last minute was a total bummer -.-
Anyway, a newer slim model?! This is going to be interesting ^.^