@ rasta thanks for the news .......
i think they would be shooting themselves in the foot if they didnt make it backward compatible methinks eh
its a logical progress of steps to own a ps1 then a ps2 keeping some of the ps1 games and then no doubt getting a ps3 and taking the games over from both the ps1 and ps2 to that console too
PS2 already has settings in the settings to enhance ps1 games graphics and also change the drive speed for faster load times of ps1 games
so seems common sense to also have this for ps3