hmm...I was just thinking about this.
The 60 GB models in North America have the EE while the new 80 GB models will feature Software Emulation for backwards compatibility. Emulation method is one of the biggest reasons for the price cut as it cuts production costs down for Sony.
Everyone knows that EE plays all ps1/ps2 games while the emulation method only plays some of them as of right now.
Besides the above, are there any other differences betwee the two? Is one better quality than the other or does one upscale better?
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