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Now, here is a very good and simple video tutorial that teaches you how to format an external hard drive compatible with the PS3 and the Xbox.

PS3 only reads FAT32 or NTFS.

After searching for hours on YouTube, I got this video, which is a simple and effective, it worked for me and I hope that everything will work for PS3 and Xbox Gamer.

For those of you who do not know how to connect an external hard drive for the PS3, please check this tutorial

How to format a External Hard Drive to FAT32 (PS3/ Xbox 360 Compatible)