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Nsanity said:
Another reassurance thread.

Thank you for your very insightful contribution to a problem.

I've had connector failures for over twenty years..

So if you got your brand new PS4, just do two things: Check that the HDMI cable (obviously not the best quality) has no pins misaligned. Then do the same with the HDMI port of your PS4. If you see any metal where there shouldn't be metal, you are likely to meet the blinking blue led death spiral.

I'd guess there are now around 500'000 PS4s out. Given that roughly 1% of electronics will fail within the first hour of use, expect some 5000 problems to appear today. Most seem to be of the "bad hdmi port", some are "software crashed during install, I'd have to clean the harddisk but I don't know how to do that" problems, and there are a few "Blu-ray drive dead" and "ventilator does not work correctly". The first ones are self-repairable, the last ones are dead bricks.

Nothing unexpected so far (unless you are one of the 1% unlucky ones). Except the fact that Sony did not hire and train enough troubleshooters. And the fact that the console uses WAY, WAY too unaccepatably much power when doing essentially nothing. (The last point let's me think that the problems would even be much higher now and someone zook out the power savings stuff from the os).

/lateadd: Neogaf has a picture of a correct and faulty hdmi port