Bought a backward compatible PS3 off eBay for $80, and this is the situation. Hard to see but the light flashes yellow before it hits red. What's my next move gang? :
Amazon.com: Gold Chrome Mirror - Vinyl Decal Mod Skin Kit by System Skins - Compatible with Playstation 3 Slim Console : Video Games
Downgradable PS3 Models & Base Firmware with MinVerChk | PSXHAX - PSXHACKS
Sony PlayStation 3 Super Slim review: Sony shrinks down new PS3 -- except for the price - CNET