It may also mess up trophies and games, and can affect offline consoles. The advice from Eurogamer is not to turn yours on until Sony have a fix. My brother is reporting that his launch 60Gb is fine, so it’s not universal. I still think it’s best to err on the side of caution.
It doesn’t affect Slims so you lot are fine.
Quite the failure on Sony’s part. I know this sort of thing happens, but it should not on such a scale. I suppose if they’re messed up by the bug Sony will have to take the hit and replace them all.
Addendum: Damn it all. Should have checked the forum first instead of going for the helpful announcement.
But this thread’s title has the advantage of giving me the wonderful mental image of a portly insect in full military dress sitting atop someone’s PS3, swatting people’s hands away when they try to start it up.