Really bad timing if you ask me. Send out for a repair. It shouldn't take too long. I had to send in my box after the RSX fucking fried and they gave me a brand new one. Once I sent it in, they gave me a tracking number and it took maybe a few days for my order to come off the backlist. Once it was off the backlist, it was a matter of 16 hours from the time they shipped it to the time I received it, and I'm in fucking Alaska. Mine was good timing, though. I was waiting on my Rock Band drums and the PlayStation Store was down, too, so I wasn't going to miss anything.
Hope you kept the receipt, though. Make sure you back up your shit, too. If they send you a new one (this is the shitty part) you'll lose all copy-protected saves and you'll have to download any DLC again, since both are tied to the PS3 hardware's unique ID, not the hard drive.