In an effort to justify the loss of backwards compatibility with PS2 games, Sony UK head honcho Ray Maguire has said that the money previously invested in BC is better spent on game development and to further decrease the hardware price point.

As we come to our first Christmas with the PlayStation 3 there’s going to be about 65 games in the marketplace, so we feel now that there’s sufficient choice in the marketplace and that we’re still better off using that money that we’d put into backwards compatibility in either investing in new games or using that money to help support bringing the price down so that people can get into the franchise.

Speaking further on the issue, Maguire stated that while backwards compatibility always seems to be high on the agenda, “very few people use it.”

Maguire explains PS3 BC loss [Eurogamer]

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