Latest PS3 Firmware Update Requires Hard Disk Wipe to Fix

[SpawnRSS]

An anonymous reader writes "Earlier today Sony launched firmware V2.40 for the PS3 which is mandatory for online play. To my horror after installing the update my console wouldn't boot, and this appears to be a not uncommon problem affecting all ages and models of PS3s. Although there is rampant fanboy denial over at the official Playstation forums, the Kotaku article details the issue and has a suggested solution if you don't mind yanking your PS3's hard drive."

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