Just a warning…if you have the first gen 60 gig PS3, DO NOT download any of the recent system updates!! I downloaded the newest update, and now my console won’t recognize a disc of any type…CD, DVD,Blu Ray or any PS discs. I’ve since read on the forums that several people have had the same problem. When contacted, Sony will politely tell you to pay $150, send in your console, and they will have it back to you in a week factory refurbished!! Yet another instance of Sony failing to admit any error on their part…yay!!! I know have a $600(at the time of purchase) 60gb paperweight!!! 
sounds like a class action. Even with the crazy agreements you have to click on.
Yeah that is definately a class action. The product is now defective from no action on your part… and in fact from an action of the company who made the product. Yet another reason Im leaning towards the 360 slim with a seperate blueray player.
Yep…I’m wishing i had sayed on the Microsoft ship…I was huge Xbox fan, but jumped ship when the new platforms came out. Sony sold me with the Blueray and free online play. But I rarely play online, and even though I take Immaculate care of my console, It’s now useless. I’ve been staying on top of this class action deal since this happened, but heck, I would just be happy if Sony would just fix my console for free.
Good thing i have the ancient PS3.
Wait, THAT IS THE OLD ONE.
I have a launch day 60Gb PS3 and this hasn’t happened to me. If you do a bit of googling for “update bricks ps3s” you’ll find instances of certain models (mostly the old ones) getting bricked after almost every single firmware update. Probably has something to do with an incomplete/corrupted download or install and you just happened to be one of the unlucky ones this time. I’m a linux hobbyist and a big part of the hobby is downloading, burning and installing distros and referencing the checksum after every download or burn has taught me that data corrupts through file transfer a hell of a lot more than you’d expect, only it doesn’t really matter if you’re just listening to an .mp3 file or watching a video. Installing corrupted firmware however usually has disasterous consequences, especially on games consoles which don’t immediately allow you the level of system access you’d need to fix it. I could talk about the inadequacies of the established console maintainance infrastructure and the manufacturer’s overzealous attitude to “security” and how it ultimately means you’re letting something akin to a primitive HAL 9000 into your house until I’m blue in the face, but that’s irrelevant when the crux of the matter is some people can’t even play games on their games consoles and the manufacturers don’t seem to willing to help unless it involves giving them money to the tune of the price of a second hand console.