Aargh! Just got error 80010514 today.
After my ps3 had been sitting around doing nothing for a month. Just yesterday I purchased GTA4 and SoulCalibur4 and played these all night...then this errr morning I get this error crap. Did some troubleshooting;

dvd's still play

after multiple attempts no blu ray or games start-no more error message either = just ps3 acting like theres no disc.

this happened after I updated the firmware early this morning,note however that the system worked fine for about 4 hours playing GTA4 after updating;then froze during the game.

thats when after re starting I got the error message.

So I tried all my games=no dice

dvd movies=hmm strange they play fine...

Called Sony=they told me about the 'black box' deal 169Cdn$ unless I can find the proof of purchase = of course not!! looked everywhere. I have recipts for pizzas & cheeseburgers I bought three years ago.
Think I could find one for a 500cdn$ console purchased last november? DOH!

looks like I'll be stuck paying the 169$...orr fixing it myself.

Am in dumbstruck amazement...this is Sony! That stuffs not supposed to crap out.

Am in total agreement with previous poster. Expensive console should last at least a year, not 6 months.

Shame on Sony = next time I look at a new shiny toy... If its a Sony I'll give it the same respect as I would a Daewoo or Viztek maybe Dynastar brand.