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Step 1 OFW Download the OFW from here
You must login or register to view this content. after finished download create a folder called PS3 on your flash drive. Create another folder called UPDATE within the PS3 folder. Put the .PUP file in the UPDATE folder
Put USB in PS3 Turn off PS3, press and hold power button until the ps3 comes on and goes back off, press and hold power button again until PS3 beeps once followed by team more beeps in succession. Plug in controller with USB and press PS button, go to bottom and press X then press select and start at the same time when prompted. Install OFW.
Step 2 CFW Download Lv2 Pre-Patched CFW here (this should fix the problem people are having with Kmeaw freezing occasionally)
You must login or register to view this content. replace the CFW with the OFW on the USB and do the same thing you did to install OFW
Step 3 BackUp Download
You must login or register to view this content. and the newest MultiMan (released today) here
You must login or register to view this content. put them in the root of your USB, don't put them in any folder, install the PKGs on PS3 go to MultiMan and back-up your game after back-up just pick the game you want to load
EDIT: Fixed CFW download link one from PS3-Hacks seems to be given data corrupt error