Ps3 has the ylod

SOURCE: playstation 3 flashing red light

mine too

SOURCE: Playstation 3 won't power on?

Hello.
This is a hardware failure caused by heat. I have done TONS of research on this problem as I have a unit that is like this too. But I bought mine used. I hear that Sony will fix it or send you a replacement for FREE. I have been told by over 30 people that Sony did it for them. Just be honest and polite to the customer service people. Go to www.playstation.com choose your region, click on playstation 3, then Support (upper right corner) and there should be the contact information.
If you need any more information, please do not hesitate to hit my "Ask Me" button.
I hope this helps. Good luck to you!

SOURCE: flashing red light

"that scratchy noise" is indicative of a overheating RSX processor. when the thermal sensors under the processor of the PS3 are tripped, you get the green/red/yellow light sequence. I always tell customers its best to shut off the machine and fix the problem ASAP. if you continue to use the unit whilst overheating (if you get it to even turn on that is) you can possibly short circuit the solder joints of the BGA array and damage the uit forever. Not even SONY can fix it at this point unless the unit is reflowed, which renders the unit very unreliable anyway. reflowing rarely works for a long periods of time so SONY just replaces the unit for 150plustax with a refurb and you could wait for weeks. i usually apply thermal compound and add shims to ensure proper cooling of the two processors..the RSX and the CELL

SOURCE: YLOD

Heat sync problem, GPU and CPU need to be re-seated as well. Email [email protected] if you would like this fixed.

SOURCE: when i power on ps3: light goes green to blue to red (3 beeps)?

This is the yellow light of death i got it some time ago and had to buy a new ps3 there is a way to fix it but i costs more than a new ps3 i had to buy a new one so your screw lol.