Probably just a blown fuse due to static electricity. Was your extension cable grounded? Take it back to Wally world without a receipt and see if you can get the rubes that work there give you a new one (just tell them you got it as a present a month ago).
Thanks for everyones' interest in helping first of all. I haven't played with the ps3 in a couple months so a friend came over the other night and wanted to show him how the ps3 is and this happens. The extension cable was not grounded, neither are my wall sockets i think so i guess it'll be plugged into a power surge bar only in the future. I'll probably get a new ps3 from Sony but i'll lose v1.32 oh well.
Thanks for the love everyone, greatly appreciated.