The update has made changes to this feature after many users reported that it was not reliable.
Source:
Reg Hardware
anyone know if the 40gb model will ever have ps2 title support?
can they even put it into the new model with firmware updates? its the only thing stopping me from buying a ps3 is the lack of title support
@Dwagger:
Surely, it would be possible to easily emulate the PS1 fully in software. PS2 would be tougher, of course, but I'm sure they will do it eventually. They are prolly focusing on more important things right now.
I just wish they had left the PS2 hardware and used it creatively in tandem with the Cell. Like, they could prolly implement an upscaling engine that ran on the PS2 chips to upscale 720 games to 1080 during gameplay... just a thought...
sony has been dicey with the ps3 for a long time now no one really knows whats going on. Time to play the waiting game i guess and see if any homebrewers will take the plunge into the deep end for ps2 emu on ps3
I like this however i don't like how they remove backward computability.