HappySqurriel on 12 February 2008
There are PS2 emulators which run on systems that are less powerful than the PS3; most have major issues which prevent them from being much more than a software engineering project. Realistically, it should be possible to emulate the PS2 on the PS3 but I don't expect it to be an easy problem to solve because (after all) it is attempting to emulate an unusual and complicated system on a different unusual and complicated system.
