Word in today has it that have patented a new system that will allow the firm to emulate the console's Emotion Engine using the PS3's Cell processor.

To you and me this could mean the return of complete backwards compatibility, allowing all systems to play PS2 titles without the need for fancy changes.

If Sony can pull it off this move it would be a major PR boost, while has it that the console will get a price cut later this year, ahead of a possible PS3 Slimline SKU launch - and some major enhancements in general.

More PS3 chit-chat as we get it. Thanks VG247.

By Luke Guttridge