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Sony has announced that players will be able to purchase an adaptor that will allow consumers to plug their PS2/PS1 memory sticks into their PS3s and copy the data to the hard drive. Here is their official announcement:
“To use saved data on a PlayStation 2 memory card, you must copy the data onto a virtual memory card within the hard disk. This requires a PS2/PS1 memory card adaptor to copy the data to your PlayStation 3. A memory card adaptor is designed to edit, up/download game saves to and from EMS flash card or smart media card.”
We must say that this idea beats the crap out of the Xbox 360 lukewarm backwards compatibility. We will keep you posted if we learn more.