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Not sure why OP frames this thread as being about "should" when the top post seems 100% about "could" (seemingly assuming the case for "should").
Personally, I don't think "emulation" should qualify as "backwards compatible" it just isn't the same. Maybe alot of people don't care about the difference.
I really don't see the importance of this, who is it for? People who refused to buy older gen Playstations but now suddenly want to play all old catalog?
Most of it can be emulated to reasonable degree on PC, so if you want to play emulated that is available. I don't see how this is fundamentally important.