According to various sources these, alongside the CECHQ series, were born from a surplus of DIA-001 (the last PS3 phat board to have 90nm RSX and the first to have a NOR chip instead of NAND) boards Sony had.
As a result, the M03 SKU was born exclusively for the UK, while the CECHQ were destined for Japan. (part of the Final Fantasy Advent Children bundle, which in turn were recycled MGS4 bundles. Sasuga Sony, you cheap mf-ers

Before:
After:
This one has been properly taken care of hardware wise - never reflowed, just repasted and it ran along fairly well.
Failure point was dead NEC-TOKINS (I swear these black buggers are the bane of my existence ever since I dug deep into Toshiba A300s and Acer 6920/6935/8920/8930 laptops.) on the bottom side of RSX.
I preemptively recapped the whole bottom side with 16 tantalum caps, 4x330uF per each Tokin.
Added some fresh MX6, upgraded the 80GB drive to a 7.2K HGST 320GB, and it runs trouble free, and rather cool.
The SFF30A 18-blade fan inside it is a bit audible at 32% constant fanspeed, but nothing too unbearable.
Currently FTP-ing games on it - it apparently can run PS2 games as well (SW emulation only, both GS and EE unfortunately - european BC units still had the GS to aid in hybrid emulation.) but so far haven't tried anything else outside what was already on it (NFSMW 2005, San Andreas and that's about it)
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