If you really want to, you can take in your ps3 for repair. I believe the blinking red light can be repaired. I know a few places that do it for you. Or look up the method to do it yourself. If not, just get a new slim. I'm sure all your downloads will transfer over. I'm not sure about your game saves though. I think you have to have your original PS3 functioning or a back up from an external hard drive.







