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Its doing around 200k a month, thats at least over 2 mil a year. Its still too early to drop it if its still making profit. If its true that the PS3 is still losing money on hardware, than at least the PS2 will help it break even for now.
Not sure how it'll do in 2010, but if its still doing ok, why drop it? unless it drops to like 20k a week consistantly, then yeah, might be a good time to just kill it. But I think its selling very well considering an arcade 360 doesn't cost that much more.
And even if half the people buying it are rebuyers, Sony wouldn't care, it's numbers are still taken, and esp the profit made from it.