Guys! If you have NAND and LOVE your PS3, please don't perform DEX to CEX! You will end up in Brick if you do it wrong! Protect your NAND PS3 as they are becoming a RARE commodity. I will mention it again. You will need a USB Dongle to do it.
mentions, the FSM tool is buggy and can only help you too a certain extent.
and few brave souls (includes me) took the first bullet so that you don't have too.