The truth about PS3's backwards compatiblity revealed and more

MegaDrive20XX

Segatron Genesis... call me the wizard.
Sony's Phil Harrison mentioned that running PS2 games on PS3 will have no visual enhancement; the same manner for PSone games. Sony plans to offer the entire library of PSone games through PlayStation online store, players can purchase the games online and play on PS3 and PSP, excluding games with licensing issues. Some of those hard to find titles like Motor Toon GP and Vib Ribbon will be available soon.

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Sony's Phil Harrison revealed some future plans for PS3 and PSP:

Sony will begin to sell games, videos and music on the PlayStation Network, which can be downloaded and played on PS3.
In the next PSP firmware upgrade, you will be able to transfer PSone games from PS3 to PSP and play.
In future games offered online can be played on both PS3 and PSP.
PS3 is region-free, but PS2 is not, therefore Japanese PS2 games still won't run on American PS3
The next-gen EyeToy peripheral will appear early next year
The target age group for PS3 is between 20s and 30s.
 
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