The Hacking of the PS3 for the Homebrew scene is a massive move in the right direction, the possabilities of emulators such as full speed Dreamcast, N64, PS1 and maybe even PS2 and could you say Wii and Xbox ?
Personally i cant wait to see whats going to happen and luckily i have an old 20Gig PS3 with the PS2 Internals still inside, i have been waiting for the day when i can play any region PS1 and PS2 on my PS3 along with region free blu ray films