I have a 60 gig PS3. I was playing a game, and kept getting the pop up messages to update my PS3 software. I did the update, and now my PS3 will not ready any game disk or Blue Ray disk.
I called Sony about the issue, and they told me that i would have to pay them $150 for them to look at the problem, and that there are many warnings about doing updates, and that i do so at my own risk. They refused to fix or even acknowledge the problem. Please read the info from the below post. Beware, if you do this update and it breaks your PS3 you will have to pay Sony $150 of live with a $500 paper weight.
http://boardsus.playstation.com/playstation/board/message?board.id=ps3updates&thread.id=37861
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