"We have no plans to do so at the moment. The sheer numbers of PS2 titles available, together with the increased complexity of using a software only solution for each and every title means that to ensure accurate software emulation for the majority would be technically challenging, time consuming and costly," he said.
"As we have mentioned on several occasions, our engineering resources are now focused on developing new and innovative features and services for the PS3 and, as a result the 40GB model does not have backwards compatibility with PS2 titles," he said.
When asked about the fate of future emulation updates for 80GB and PAL-territory 60GB models that are running software-supported backwards compatibility, Sharples told us, "the current PS3 system software and future updates will continue to support backwards compatibility for the current 60GB and 80GB models." He later added, "The current solution offers around 90% backwards compatibility with PS2 titles and we are able to help publishers to make sure any new PS2 titles are backwards compatible with the 60GB and 80GB models."
Sharples had no information on today's rumor concerning the 40GB model coming to North America. Included after the break is Sony's statement confirming the loss of PS2 semiconductors in the latest model.