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reask said:
Just seems a little odd to me.
I mean surely you would want to be investing all your resources in the latest product rather than competing against it.

These aren't two competing product lines.  They are catered towards different audiences.  They are right,  someone purchasing a PS2 (Now) is a late adopter of the product.   IMO,  Sony hopes to have a high quality exclusive lineup and a lower entry point in a few years making an easy choice for consumers to upgrade to.