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Xen said:
Folding? there you go :P

The red light=HDD failure. Search the web for fixes... also, if they don't work, send in for repair. You get your original console back, I'd assume you want your BC.

One of my coworkers freinds sent in a 60 gig... and got back his original harddrive, only to find out his PS3 suddenly lost all backwords capatability.

Just sayin.

Hope mine doesn't end up like that.