Playstation 3 to be backwards compatible

The PS3 will have emulation software to run both PS2 and PS1 games

For all those worried about the PS3 being able to play older PS2 and PS1 games, have no fear. Sony announced today that the PS3 will officially run emulations of the PS2 and PS1.

"PS one runs on PlayStation 2 through emulation rather than actual hardware. PlayStation 3 will offer the same compatibility for PS2 software and the format will continue forever," said Ken Kutaragi, CEO Sony computer entertainment.

We aren't surprised at the announcement, but it's nice to have it official.

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