I am unable to install Firmware version 3.60. My PS3 is the 80GB model.
I have tried the "update via internet" method first. But for some reason, it gets stuck at 99% when downloading. After 2 hours, it was still stuck so I decided to reset my system and start again. The same thing happened, it got stuck at 99%.
Later, I tried the "update via storage media" method. I downloaded the 3.60 firmware from my PC to my USB drive and plugged it into my PS3. All went well, the PS3 recognised that 3.60 was present on the USB so I pressed X to proceed. I was greeted with a "please wait" message and it was stuck on "please wait" for a long time (around 2 or 3 hours). So, I had to reset my PS3 and start again but the same thing happened, it was stuck on "please wait".
As the above did not work, I tried the "recovery menu" method. I plugged in my USB drive and selected option 6 in thinking that my PS3 would finally update itself. However, this was not the case. I was greeted with a "checking" message and this was present for 5 hours now, for some reason, my system will not install firmware 3.60.
I am seriously running out of ideas on what to do, all of my previous updates worked perfectly and quickly. If anyone has a solution, please suggest it here as I would like to have my system to be able to connect to PSN again.