1) Make the light on the front red
2) hold the front power button until u hear a double beep
3) You will get some type of message, I got a HDMI message, others have gotten a usb message...either way just follow the prompts to the end & it should reset.
4) If you dont get it the 1st time keep trying. Mine worked on the 1st attempt but I have read that others have taken more.
Blue screen when playing online
nice video on the yellow light hope it helps. http://www.youtube.com/watch?v=zn89z_VUcP0
yes
Start my making sure it is charged and connected to the PS3 by using the cable that comes with the PS3
Elite System Performance
Blue screen when playing online
throw it off a cliff and get a ps3
It is said that the fix of re flowing the soldier has to be repeated and is only a temporary fix, where a factory return might not even get you the same PS3. One can only assume that by stuff you mean hard drive information which you would not have if the PS3 was replaced See related link about the Yellow light temp fix
sell it and buy a ps3
nice video on the yellow light hope it helps. http://www.youtube.com/watch?v=zn89z_VUcP0
Take it to a shop
yes
Start my making sure it is charged and connected to the PS3 by using the cable that comes with the PS3
The lens/laser could be broken.
Fixing the YLOD on the PS3 will cost $150.00.
I dont know how to fix it so you guys are screwed
No, if lots of dust or the thermal compound burns off again, then you must redo the fix again... but by cleaning it out you improve the life of your system around 1 - 2 years longer.