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I don't think backwards compatability will be a huge problem for the new PS3...I've always felt that it was a nice but unecessary feature. Granted, all recent "winners" on the market have had backwards compatability - Wii, DS, PS2, and GBA - but I think that's a coincidence.

I could be wrong though. I guess we'll know when we hear how well the 40 gig PS3 sells.