Yup, just as soon as I'm actually getting into Uncharted 2, my PS3 up and suffers one of those Yellow Light of Death issues. For some reason I hadn't really heard of these very much, unlike the Xbox 360's RRODs, which were all over the gaming news sites for months. My own 360 red ringed about two years ago when Bioshock came out, which was annoying, but at least getting it repaired was free. Not so with Sony, who charges you the indignity of a $150 repair fee to get "refurbished" model, which could just as very well break again. Mine's not even that old - it's a 40 GB I bought a few weeks before MGS4 came out back in June 2008 or so.
Again, it's funny that this hasn't been publicized to nearly the extent as Microsoft's blunder. The closest I could ever find - the only time I'd heard of it in the first place - was in this Gamesindustry.biz article in which Sony preemptively blasted a BBC report about their inadequacy in fixing it. And that was only for the United Kingdom. It's clearly a widespread issue, as this thread on Sony's own forums can attest.
This isn't a "real" post so much as griping, but hey! Know that you have a Playstation 3, you're probably on borrowed time! Enjoy!
Interestingly enough, there are some lawyers looking into a class action lawsuit: PS3 YLOD: Lawyer Seek.