Updating a PS3 to a SSD

I've been working on migrating my PS3 to a WD red 500GB ssd from the original 80GB toshiba hard drive.Â  The hardware part is easy.Â  For the software, you have to download the PS3 update from Sony's playstation website and then put it on a USB flash drive on PS3/UPDATE/ with the file named as downloaded.Â  It will pick it up and load.Â  Then you do an initial setup and then start the restore process.Â  (assumes you have a backup from old drive ahead of time)
It takes like an hour to backup and another hour to restore