In my experience, each hard drive is "locked" to one specific PS3. It means, if you put a hard drive from one PS3 into another, it wants to format the hard drive before it can be used. It won't start up like your old PS3. I have no idea if data from corrupted PS3 hard drives can be rescued.
All the games you have purchased can be re-downloaded from PS Store. But save game-files cannot be restored, unless you have a backup (on USB-stick or cloud).
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