"The issue of backwards compatibility on the PS3 console is dead and buried, as far as John Koller is concerned. SCEA's director of hardware marketing recently nailed down the final coffin on the issue in a recent interview with Ars Technica.
"It's not coming back, so let me put that on the table," said Koller when asked about backwards compatibility. He also added that despite what people may think, backwards compatibility isn't really that big of a draw for the PS3.
"It's not as big as a purchase intent driver as you may be hearing," he claimed. "We've got such a substantial lineup of titles on the PS3; most people are buying the PS3 for PS3 games. They're buying it for PS3 games and Blu-ray movies."
Source:
http://ps3.qj.net/Koller-No-more-bac.../49/aid/134000
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Well that sucks, I'm really in the mood to play through the PS2 GTA games.. A PS2 is only $99 fortunately.