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20GB and 60GB models skyrocket in price in Japan

How important is PS2 backwards compatibility to you? For many Japanese consumers, the ability to play last generation's games is a must-have feature on the system. So much so, that the discontinued 20GB and 60GB models are skyrocketing in value in the buyback market. Currently, Japan only has access to one system: the 40GB, and that is without any kind of backwards compatibility.

Amazon Japan is currently selling 20GB systems for ?63,800 ($617), almost twice the current asking price of the the 40GB system. The 60GB model, which includes additional features, like wi-fi and memory card readers, currently sells for ?74,800 ($723). Hobby shops are the worst offenders, according to this blog (NSFW ads).

In America, the backwards compatibility situation is less dire. 80GB models are readily available, and although they offer less-than-perfect support for PS2 games, it's certainly far better than the 40GB model's inability to play any PS2 titles. The upcoming Metal Gear Solid 4 bundle, for example, includes backwards compatibility with PS2 titles. However, one quick look at Amazon US shows that demand for the 60GB model, which is the most compatible with PS2 software, has done a good job of making it a valuable commodity.

[Via Joystiq]