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coolguy said:
U did download the frimware on a thumbstick usb.you have the frimware on the thumbstick to format the ps3.its not like the old phat ps3 u put the frist in and it doesit for u .hope this helps

I think this actually changed with a firmware version. Guessing they changed it once the PS3 got hacked.

I remember I had to do this in my phat as my firmware was too new.