Sony will include the PS2 chipset in each PS3 in a move that likely means that the price of the PS3 will rise to compensate for the inclusion of the PS2.More details over here.
It can be speculated that by using the same hardware as the PS2, there may not be any visual upgrade when playing PS2 games on the PS3.
Sony PS3 to feature PS2 core
Posted on Wednesday, June 07 2006 @ 14:30 CEST by Thomas De Maesschalck