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Originally Posted by Berger_4_
So, will this allow me to play PS2 games on my PS3? Or is that a completely different issue?
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Completely different, backwards compatible PS3 have hardware specific to them that allow them to play PS2 games. Earlier PS3 phats had the hardware but this was deleted as a cost cutting measure. Even if they have the libraries in the PS3 software to run PS2 games, the EE and a few other necessary components have been deleted to cut costs in the slim and some phats.
That being said, Sony recently put out a patent for an attachment to slims to play PS2 games, whether a product for that comes out is a different story.