Sony has reportedly penned a deal with Gaikai to stream PS1 and PS2 games, and may show off the functionality at its press conference at E3 next week. The rumor states that Sony will debut the service with first-party games, and open it up to third-parties to sell their back catalog as well.
GamesIndustry.biz reports that the deal could extend past the PlayStation 3 and into Sony's TVs and tablets. It also speculates that this could serve as a test market for streaming on the next PlayStation console.
The PlayStation 3 originally included backwards compatibility natively, but that support was dropped in hardware revisions. Since then, Sony has made some available on the PlayStation Store, but it needs to engineer them to work with the hardware. This solution would make it much easier for Sony to offer older games without going through the work needed to make them function.
Shacknews has contacted Sony regarding the rumor, and will update as more information becomes available.
Steve Watts posted a new article, Rumor: Sony, Gaikai to partner for PlayStation backwards compatibility.
Sony is rumored to have entered a deal with Gaikai to offer streaming PS1 and PS2 games on the PlayStation 3, and possibly other Sony branded devices as well.
Really hoping this is true. I'd love to play some of the old PS1/PS2 gems I never got around to. PS2 classics is still under 20 titles on PSN I believe, so I'm hoping they can quickly pump out some of the PS2 games.
so, like onlive but PS games? hmm
would be a pretty smart move to maintain backwards compatibility while switching processors and also getting people to pay for a premium service with recurring revenue (PSN+)