This will never happen until the entire world essentially gets fiber optic broadband and every console comes with a Terrabyte or more sized hard drive.
Looks very promising but i was really hoping you'd be able to download and play PS2 games on it the same way you can download PS1 games and play them on your PSP. For me thats a big factor that will make me not run out and get one shortly after it launches. I will get one eventually to go with my 3DS, same as I did with my DS and PSP.
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