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Considering we are in the 2nd/3rd year of the current gen, I would give it some more time. Since I have a 60GB PS3, I regularly play some PS2 and PS1 games but with a different perspective. A lot of the games are not as good as I remember. The controls are kinda bad and the games are kinda cheesy. Most are still good games, but I am very satisfied with this gen. What I never really payed attention to was the glitches in older games. With this gen there are really no more than before, but we get them fixed. We also get extra content for free a lot of the time with those fixes. Something that was not there last gen. UTIII is a very good example of this. The game sucked when it came out. I would have never purchased it. They decided to release an update that added a ton of features, fix a lot of issues and make the game look much better. So I went ahead and purchased it.

With games like Uncharted, R2, KZ2, Force unleased, LBP and others, I think this gen is shaping up to be the best one yet.