Hey everyone! 
 
I am really considering to upgrade my hard drive since I have 60GB...
 
I am considering this:
  
Western Digital 1 TB Caviar Green SATA Intellipower 32 MB Cache Bulk/OEM Desktop Hard Drive WD10EADS [Amazon Frustration-Free Packaging] 
 
Although Im not sure if it works with the PS3... anyone there is sure it will work?
 

That's a PC hard drive you have listed there, the PS3 does not support PC hard drives, they're too big (3.5 inch diameter)
 
make sure you have the following:
 
SATA 2.5 inch laptop drive
5400rpm
the biggest size that laptop drives come in are at 500gb, which is more than enough.
 
western digital do a drive just like it.

5400rpm is the recommended speed, it's not known how the PS3 handles drives that work at faster speeds,

RhombusOfTerror is on point.  It's got to be the laptop drives.  And stick with the 5400 rpm drives, I wouldn't go with the 7200 rpm drives since, although they may read and write faster, they also produce more heat.  I was more concerned about heat than speed when I replaced my 60gb with a 5400 rpm 320gb (back when 320 was the largest available drive). 
 
Oh, and be careful unscrewing those screws, they strip very easily. 

If you're unsure about the process, I think both IGN and Gamespot have vids/articles on how to do it.

" If you're unsure about the process, I think both IGN and Gamespot have vids/articles on how to do it. "

7200RPM laptop harddrives also tend to cost a lot in terms of GB/$. Would you rather slight increase in loads or tons of space?

thank you guys, youve been pretty helpful

" That's a PC hard drive you have listed there, the PS3 does not support PC hard drives, they're too big (3.5 inch diameter) make sure you have the following:   SATA 2.5 inch laptop drive5400rpm the biggest size that laptop drives come in are at 500gb, which is more than enough.  western digital do a drive just like it. "

No one has done the "installing a hard drive" thingy yet? :<

" No one has done the "installing a hard drive" thingy yet? :< "

" No one has done the "installing a hard drive" thingy yet? :< "

I have removed and upgraded my HDD.  On some consoles the screws are really tight and weak so it is very easy to strip them.  I had to take my console to Ace Hardware so they can remove the screws.  I will never forget that day.  Anyways you need a laptop HDD, which is 2.5in.  I would recommend Seagate, but Western Digital is also very good.  You don't need to buy one that is 5,400 RPM.  Mine was a 320gb 7,200RPM and works better than the ones that spin a 5,400 since the PS3 reads them faster so loads times and such won't be as long.  It won't be a dramatic difference like where it shaves off 30sec of loading time, but it will shave some off.

Get a 7200rpm drive. Don't listen to those saying otherwise. I have tested both a 500GB 5400rpm Seagate and 500GB 7200rpm Seagate drive. There IS a difference in speed and the latter does NOT produce more heat. They did some years ago, but not anymore. Buy a 7200 drive; don't make the same mistake that I did. And get the one with the most cache if you can; I read this is an even bigger factor to speed than the rpm.