hardware you buy seperately are priced a little high such as an extra Dual Shock Controller ect. Also, it is not backward compatible anymore. They do not have them in production anymore so if someone has told you the 160GB is, it is not! You will either have to buy an older system that’s used from Gamestop or some other service to play the PS2 games. On the plus side PS2’s prices are at a all time low now.
NOTES:
It will play reg Playstation games for those of you who still own the clssics.
Do NOT fall for buying a 50$-150$ HDMI cord claiming it is better. As long as it is 1.3 it will provide the exact same quality. I personally purchased one here on amazon with my order for 19 cents plus a couple dollars shipping. You will not find any cheaper.
High speed internet connection srongly advised for those of you wishing to update your system.
For online game play do NOT use sattelite Internet Providers such as Blue Sky. You will have extreme lag and it is virtually impossible to host your own game.
So, there you have it. Everything I can think of to consider. I say it is definately worth the money, and if you have kids it will keep them happy for a long time. I hope this has helped your decision.