Is your PS3 flashing red? The flashing red light means “general hardware failure”. There are meany things that can go wrong when the red flashing light shows up. Would you like to know how to fix this immediately?

This tips may help you get your PS3 Working back:

1. Check if there's a loose cable. If not, restart your console.

2. Unplug all cables except the power cord, and plug them back in.

3. If that didn't work, then try to take out the hard-drive, and put it back in.

4. Turn off your PS3 for at least 20 minutes (to allow it to cool down), then turn it on again

List of PS3 error codes

Free Ps3 Red Light Repair Guide