larry said:
initially the new 65nm (without EE) ps3 at pal launch could emulate 72% of the ps2/ps1 games. now the new ps3 can emulate 80% of the ps1 and ps2 games. vs 54% for x360(till date). with the 2.0 upgrade all backcatalog would become 100% compatible with ps3(according to Sony). look at your x360 before trashing others.
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I don't own a 360, I own a Wii which is 100% reverse compatible without needing any downloads. :)