I am a PS(all) fan all the way, but the PS3 is a flop already, the cost of development, design and the actual cost of production exceeds what it would to sell retail. Pretty much Sony is going to loose big and i do mean big. I have monitored this new tred of Sony for awhile. I had hoped to belive that PS3 will play older PS2/1 games but it looks more of a limited compatability or none at all. It does have one favorable thing, it will pay all regional coded DVD disc, meaning it will play a Region 1, 2, 3,3, 4, 5, 6, 7, 8 and 0, . No need to buy a regoin free DVD player or a player for each region.