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I can get the convenience aspect. Having one machine playing everything instead of one for each generation does seem practical. But people do exaggerate on it. I've seen someone stating they would only consider a PS4 if it ran PS1, PS2 and PS3 games, so he could catch up with previous generation. Why not buy a PS2 in this case...? Anyway.

And considering the bizarre architecture of the PS3, anyone expecting its games on the PS4 was delusional. And Sony's situation probably doesn't allow them to include PS2 parts on every single PS4. Maybe software emulation is possible though, who knows.