I don't know what is exactly going on inside it.
Few days ago my 5 yr old ps3 got THE Yellow Light of Death!! I panicked..
But, then I remembered that ps3 had a resolution reset mode(I don't know if its right way to describe it) I just did it.. Only thing I could try
It was able to be done by pressing on the power button for about 4 sec and ps3 would turn back off with 2 beep
And I turned it on. Surprisingly, my ps3 got turned on with out getting ylod. And I was able to set the resolution back to 1080p and
Watch movies and play game again.. Today I turned it on again and ylod kicked back in. But when I did the same thing
I did by resetting the resolution and it is working again.(it's still working while I write this message) I don't know how long its going to work. But, for now I can use ps3 just as I did before ylod problem.