If you have a new PS3 and hate the fact that you can't play old PS2 games on it, then you'll really appreciate this news. If you're familiar with the Playstation Store, you know that you already can download a whole bunch of classic PS One titles, and there have been a handful of PS2 games to also grace the digital download platform.
But this latest rumor suggests that instead of Sony needing to upload every individual game and users needing to buy and download specific titles, the entire back catalog will go to a brand new streaming service. This goes along perfectly with an earlier rumor that Sony was partnering with a "cloud gaming service."
When it comes to "cloud gaming services," there aren't exactly a lot of players. The only ones that really jumps to mind are OnLive and the more recent Gaikai, and a partnership between those two could really be something. Sony and Microsoft both face a situation that has really never been dealt with before - their competitor, Nintendo, showed off its new console last year and yet there will be no Xbox 720 or PS4 announcements.