Well its rumored that Xbox games etc will not be compatiable with Xbox2.....If that is the case then MS are gonna lose then next gen console wars by a very large margin... Nope. PS3 is going to have compatibility issues as well. The processors are going to change, thus the games prior are going to be impossible to play. Both Sony and MS are in a pickle over this. If one is able to pull it off, it is the other's demise. Anon. Sony has hired the best emulation authors to make ps3 be able emulate ps1 and ps2... You mean they've hired Frost's friend?! Awesome! Where did you hear this news? Sony was advertising all over the net and in the newspaper for experienced emulation personnel.... Also Sony will make the PS3 backwards compatible with the PS2 and PS1 because thats what gave the PS2 its edge.... I bet its a sting operation. They lure all the best emulators and then arrest them. It'll keep them away from emulating all the other consoles. Or Sony could steal specs from the new XBOX and have them work on that emulator so it would devalue the console when it comes out. Emulators are not illegal (well Nintendo Handheld emulators are)...only the Roms are..... just loading the rom on an emulator is illegal Having the rom image and not owning the original cartridge/CD/DVD is illegal. You have a privilege of keeping backups of your software. isn't it legal if you only use it for private use w/out distribution? It's legal as long as you own the original medium. Whats up with all of the quoting.... Anyways, I cannot wait until the specs of the Xbox 2, GC2, PS3 get publically released.... I have heard that the PS3 will use the Blue Ray Disc technology (1 disc holds 50gb)...lets hope this is true... Let's make this most highly quoted post ever. Blue Ray technology would just kick so much ass. But how can game developers make games that take up 50 gigs...that's just amazing. Just think how much unlockables/other extras 50Gb could hold...