Might be old news, but thanks to a certain hardware/software guru, and from various of sources and efnet they are able to at least give the letdown why this problem is happening. Quoted.
Well the gist is that the ARM SYSCON CPU that is used to power up the front panel of the ps3, that is responsible for doing things like sleep mode, eject, RTC etc. Is an old batch that sony picked up from the shelf like other manufacturers that has that calendar year bug regarding feburary 29th on certain periods. Causing the ps3 system clock and the real time clock to desync, messing up security measures like Digital Rights management software and sometimes games that relies on clocks for whatever reason. As well as signing up to the playstation network... This CPU is always on even when your PS3 isn't plugged
This problem is also happening with various of test Ps3 models, particulary the ones that has the emotion engine cpu/gpu for ps2 dev.
This is the one of the same type of CPUs that is powering up mobile devices like zune and blackberries, they have been affected with this bug, so they done some software patches. A syscon update can also fix this problem
The Slims ps3s aren't affected because they use a newer up to date revision on the syscon cpu that fixes this bug.
A quick way to fix this is to remove the RTC battery for at least 5-10 min and plug it back in, you will see the date and time reset, and voila...
BTW all this was quoted from some ps3 hardware gurus and tested by various of peeps on efnet, all thanks to them for the information
One cannot wait to hear Sony's excuse for this one, They might play innocent for using off the shelve parts and blame manufacturers