To use it on a PS3 with a USB external memory device, you will need to run it through multiAVCHD. I have been doing this for years, and it worked for Ref Disc 1 & 2. For some reason an error was thrown with the Best-Of ref Disc.That link you provided probably does the same thing multiAVCHD does.
Here is a quote from that thread
Your program converts file names to 8.3, then runs fixclpi.exe and then does the equivalent to deank's fixclipinf.exe
It changes the format slightly so the PS3 will play the external device by using the Blu-ray player, instead of the internal streaming interface.
I may try it and see if I can get it to work since I don't like using optical media anymore if I don't have to.