The 60gb WILL play ps2 games. The 40 gb will not. You CAN play ps2 games, you'll just have to buy the more expensive system. The cheaper version they released that way to drop the price last year.
I understand that when they cheapen the technology, like they did with the ps2, and make it so they don't reuse ps2 parts for backward compatibility, the price will drop and they will have backward compatibility on both. Anyone can confirm this if they know it.
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