Do you know how to reformat a PS3??
 

Hey guys.
So I have a 120gb PS3 (slim) I need to sell because I jumped on the PS3 promo at eb games + the sony mc. So I got the new 250GB PS3 (paid about $180 after the promo's)

Is there a way to transfer all the data from my old 120GB PS3 to my new 250GB PS3?

And what should I do to clear out all the data from my 120GB PS3.
I have my Playstation account on there. I would like to clear out everything if possible and transfer it completely over.

Any suggestions?

you should be able to wipe/format the drive through the settings menu. and your user profile, just delete it from the log on menu. your profile stays on sony's servers and you can load it into your new PS3