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Cash grab. And, really, who can blame them? Nintendo gets people lined up to buy a collection of 30 year old games that many of them have already paid for several times. Sony has investors to please, and they have a system that's getting close to classic status itself. Of course they're gonna jump on the money train.

How many more would they sell if they spent a couple million dollars more developing a better UI and smoothing out some rough edges? Probably not many. As others have stated, these are either collector items, or plays on nostalgia. A better UI doesn't do much for either of those things.