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Remember the three Rs of environmentalism reduce, reuse, recycle. While reduced power usage is environmentally good. Repair and reuse is more environmentally sound. Remember that recycling old hardware for reuse leaves a smaller carbon footprint in the environment.

Not repairing the unit means it must be properly disposed of that requires energy. The production of a new unit requires energy. More to the point you should have recycled your PS2 out months or years ago. Remember every component that is recycled is less material that must be mined and refined. Had you sold that console that would have been one less console that had to be manufactured.