PS2 is a good cheap form of gaming. Lots of cheap games are available on the PS2.
The prices of the current generation consoles are still IMO fairly high. Within a year current generation consoles will be much cheaper and have lot more games available across all three platforms.
BTW:The term Next generation consoles being used for consoles that have just been released makes no sense at all. Next generation to me, means consoles that have not been released yet. That is the new PS,Nintendo and XBox consoles due out in the future. Future = next generation.







