Eager to find out how the PS3 will play your old PS2 games? Here ya go. Here we take you on a tour of how the PS3 will make a new memory card, how the game loads up, and how you can reassign different SIXAXIS controllers to different "slots" on the virtual PS2.
Bonus: you'll even get a few seconds of the Final Fantasy XII title screen.
Further Viewing: PS3 Interface Walkthrough [Gizmodo]