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schattenwolf86 said:
That happened to me to. I have a 60 gig model. It just stopped reading discs. I could download stuff off of PSN and stream stuff off my computer, but no DVDs, CDs, or games could be played. I called Sony, and they replaced the system within three weeks (this was the time of calling, them sending the box to ship it in, and to send the new one back).

Hope you have your receipt
I got a new 60 gig model in exchange.  And this happened after the 60 gigs were all sold out of the Sony warehouses too.