Originally posted by USA007
Well, if you have tried restoring your PS3 then your probably out of luck. I would bet that your disc drive has gone out. (this happened to mine and had the same symptoms) I took it to a shop intown and they charged me $50 to fix it and I picked it up the next day. Mine was out of warranty with sony so if I sent it to them it would have cost $150.
My conclusion is there is nothing you can do without taking it apart or taking it to some one who knows how to take it apart.
Sorry for the bad news, but I hope I cleared some stuff up a little bit.
Ask me any questions you want since your problem is so similar to mine.
EDIT: I just remembered, my friend had these symptoms also, but when he restored it they all went away. If restoring it is what you mean by the secret recovery menu then I guess I edited it for nothing.
Thanks mate, i dont trust myself to take it appart lol il get my work mate to look at it.