Originally posted by clankfan1
I cant exit the red screen if I turn it off the loop just repeats so I cant install the OFW
1. Power Off the PS3 via the power switch in back and power back on w/switch.
2. Turn the botton back on. Hold Power Button on the Front until you hear 3 beeps.
3. Then go through the initial setup and then run a full Format via System > quick Format. (will take approx 4 seconds). You may need to have our AV cables ready if your using HDMI (in case HDMI isn't detected after initial reset).
4. Restore your backup you made prior to doing factory/hard reset (optional, if you created a backup).
peace.
Now doing this will wipe your HDD so you might want to back your stuff up if you can.