Ok, so I finally found a copy of ydl floating around the interweb. I actually just finished installing it and it took half the time of installing fedora core.
Anyways, I just clicked ok to reboot the ps3 and now there is a problem. After the ps3 boots linux, there is no login prompt for ydl. I can see the kboot message and I tried not pressing anything, typing in startx, and few other commands. All that happens is the screen goes black and the ps3 just sits there.
I am using a composite connection to my 480i tv and I read about the fix on yellowdog's website, but it says to boot the gtaphic interface you need the login prompt. Any help would be appreciated.