Some hints about using it with the Nor Clip: The Nor Clip should be seated firmly over the Nor chip, but before you apply pressure to have it clipped right, always make sure the pins are correctly aligned or you will risk damaging the Nor chip.
Then when you clip it right, there must be no space at all between the Clip Plastic sides and the PS3 board, it must be completely straight and flush with the board.
What I do is: I align the clip over the pins from one side of the Nor chip, then I start applying pressure while clipping the other side too, then I press over the 4 corners of the clip with 2 fingers in an X shape motion.
At this point the clip should look completely attached to the chip, so i don't move it anymore and I apply a piece of masking tape over the Flat Cable and not the Clip itself (because you risk moving the clip again and losing the perfect grip).
N.B: always make sure you have the Clip orientation correct, the nor chip have a small round mark over Pin number1, use this point to attach the clip correctly. Then, Turn on the PS3, if all good the Leds on E3 board should start flashing Blue / toggling Right/Left indicating it is in stand-by mode.
Now if your sure you have the clip on correctly you shouldn't have that error 10001100 anymore. Some other users put nickels on the clip once they are sure they have it in place, or they sand off a bit.