It’s been rumoured, but now it’s confirmed. The PS3 will have the PS2’s Emotion Engine (EE) chip and the PS2’s Graphics Synthesizer (GS) chip built in. It seems like Sony previously wanted to use an emulator to provide PS2 compatibility in the PS3. But in order to make sure that certain games worked properly, they [...]
"Confirmed: PS2 inside PS3" - 08.11.06