will the e3 flasher downgrade my ps3 from 4.00 to 3.55 and would i be able to play online
Ebay is your friend. Otherwise take a chance at buying one from your local store... I bought mine locally and it came with 3.40 but Ebay is your best bet.
---------- Post added at 01:23 PM ---------- Previous post was at 01:22 PM ----------
will the e3 flasher downgrade my ps3 from 4.00 to 3.55 and would i be able to play online
No, you need the newest firmware to play online but with the e3 you have 2 firmware. It isn't noob friendly though.