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Michelasso said:
You may have a point about the PS2 b/c on PS4. Technically there is nothing stopping Sony from doing like MS is doing, i.e. have the PS2 disc loaded to download and play the digital version of the PS2 game. If the PS2 disc isn't in the digital game won't start. Yes, the trophies add a cost since for each game they have to go through the locations where the trophies will pop up , the higher resolution not much, is already in the emulator and the games had to be tested anyway even at standard resolution.

Regarding the PS3 b/c instead you well know why it isn't there. The Cell CPU is a beast and it can't be emulated by the weak AMD CPU in the PS4. To add the PS3 b/c by HW would have raised the cost of the PS4 consistently. Sony took that route already with the PS3 and the market response had been negative. I strongly doubt a $500 PS4 with HW PS3 b/c would have sold 34 million or so in 2 years.

This.