"PS3 can't really play older games. Our bad." - Sony reps

Sony has warned that its PlayStation 3 is not able to play games designed for older consoles properly, further marring the already delayed launch of its key product.

Titles including Gran Turismo and Final Fantasy sold for the PlayStation and PlayStation 2 are not able to display menus properly and graphics sometimes freeze, Sony said. Software updates to the console will be provided to fix the problems, the statement said.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/11/14/bcnsony14.xml

Haw Haw.