Sony Explains Removal Of PS3 Back Compat: We Need The Money

Sony UK boss Ray Maguire has explained to Eurogamer the rationale behind the stripped-down nature of the 400-euro PlayStation 3: Sony needs money.

We here at Game|Life have installed special metal bars near our computer chair, like they have in the handicapped toilets, so we can hold on to them to keep our balance for when Sony spins things, and we were gripping them with a sort of white-knuckled tightness when we loaded up this article.

So we were surprised to find that Reeves actually just gives it to us straight up:

As we come to our first Christmas with the PlayStation 3 there's going to be about 65 games in the marketplace, so we feel now that there's sufficient choice in the marketplace and that we're still better off using that money that we'd put into backwards compatibility in either investing in new games or using that money to help support bringing the price down so that people can get into the franchise.

"We need the money." Refreshing, brisk honesty.

Maguire Explains PS3 BC Loss [Eurogamer]