Wife was watching movies on the PS3 while I was on a business trip. When I get home, the PS3 won't turn on. Flashes a red light. Unit is a 40GB and has had VERY little useage on it. I'm not a huge gamer and don't own a ton of Blu-Ray movies.

Thinking $125 as I'm sure there are people out there smarter than me who can fix it on the cheap!