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code.samurai said:
My PS3 does PS2/PS1 emulation off the box, you must have gotten the cheaper 40gb version.

No, I have a 60 GB PAL launch model with PS2 GPU (unlike US launch models the PS2 CPU is emulated). But there are a lot of people who are looking for an upgrade to upscale their PS2 games, but there is no PS2 backwards compatible solution available today.

The PS3 should be more than powerful enough to emulate it, but it's incredible complex to emulate the GPU through just software.

 



Naughty Dog: "At Naughty Dog, we're pretty sure we should be able to see leaps between games on the PS3 that are even bigger than they were on the PS2."

PS3 vs 360 sales