Sonys recent 2.60 firmware update for the PS3 added a new photo feature and some minor security updates, but some users are getting much more than that. Instead of fixing the console, the latest firmware update is actually destroying many users consoles and is a wide known issue.
Many people are experiencing a disc error where their console will no longer recognize discs. The issue has something to do with the firmware update “burning” out the lens. Others are having settings reset and random errors throughout the console including the photo feature crashing their system. Note that not everyone is having these issues, but it is best to probably hold off on updating until a fix is issued.
Sony has stated that the firmware update if just has a glitch and it is not a hardware issues similar to Mircrosofts Xbox 360 Red Ring of Death and will be fixed. The fix can be issued via a firmware update and users should wait for this version to update. The only problem is, this issue has been popping up randomly the past couple days and is not getting worse. It took this long for Sony to acknowledge the issue but they are normally good at releasing a fix and taking down the current problem. We really have no official date when a fix for the broken consoles will be released.
Stay with PS3Center and we gather further news and another official word from Sony.