I've been searching around and hoping to find a way to play PS2 games on my 40GB PAL PS3. I've come to the conclusion that it's impossible. So last night it struck me, what about emulation? I emulated PS2 games on my PC that I had before this one, and I want to belive that the PS3 is better then that old piece of crap

. So is it possible to install a PS2 emulator and emulate both games that are bought and games that are backed up. If not possible, what is it that stands in the way for it beeing possible?