Soon you might be able to play your old PS2 games on your PS3 . As you might be know Sony cut off the Emotion Engine from European PS3 probably for coast saving and crippled PS2 backwards compatibility. Siliconera discovered patent docs from Sony Computer Entertainment in the US, which show of that “Sony has the code and technology ready to do this emulation.
“There are two main ways to emulate hardware. Interpretation is when target code is decoded and converted into a language the host can understand. The other strategy is to decode and recompile programs in the host’s language.”…
Source: Siliconera