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This isn't rubbish, but more of the opinion of a fan who got burned and I totally feel where you are coming from. HOWEVER,...

1. BC was already a hard sell because rumors abounded that all the BEST games were not supported. I can conjure up several links to this message being spread across the nets, and from the things I hear the public say about video games, this would have been equal to not having BC at all.

2. BC saved them money, and allowed the price drop to 400$, possibly the best move this entire gen.

3. Increased PS2 sales, which are huge margin profits, another win for Sony. If you think about it; If someone buys a PS3 AND a PS2, like a lot of people did, then Sony is pretty much making profit on hardware overall. PS2 sales would definitely not be as huge if PS3 had BC

4. None of the other consoles have BC

5. And the most important reason; The PS3 would have already failed, even if they included BC at 400$ because simply, there were and are still better games based on PS2 hardware. Imagine a world where everyone bought PS3's and a lot of those current ps3 game purchases were ps2 game purchases. Removing BC was a great way to push gamers into buying PS3 games. I'm sure someone can agree that a lot of people had ps3's ad were still buying ps2 games. Dev's would have pulled out because of sales, and we wouldn't be enjoying the large amount of unique and exclusive games we have today.