Originally posted by Adrian.
It is the green light of death. It is a rare problem, i recommend just searching about it on google.
It isnt dude the green light of death only occurs when the rsx chip is not making contact with the sinks properly so the ps3 will still stay on but freeze upon powerup. Hence the green light, oh and the screen will hanging on a faint black or it could indicate a problem with the HDD. The ps3 is surging due to lack of power being transmitted from the psu. Very common occurence in the slims. But trust me this is far from the GLOD.