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I fixed my 60GB PS3 4 days ago with a very crazy idea (see video below).  Of course I added a better layer of thermal paste (great brand).  And I took an extra step by making my fan run at full speed all the time.  So far after 4 days, it's going strong and touching the spots that are usually hot as hell...not even a bit of warmth.

Hope you get it turned on for your data and sorry to hear that this happened to you too.