When I got the XSX recently, it was so I can play Starfield when it comes out. That was basically the only reason. I did not realize the extensive backwards compatibility that this thing has. But since getting it, I've been playing FF13 trilogy, Fable games, Dragon Age series, Lost Odyssey, etc. Basically all games of note going all the way back to the OG Xbox will play on the latest console. Either with the original disc, or you can even purchase them online.
The point of my post is I think it's a real travesty that PlayStation doesn't do this. I don't understand it. First of all, you cannot buy most PS1-PS3 games on the digital store. You can't use the discs. The main way to get access to these games is through the top tier of PS+. But the selection is quite limited, and PS3 games in particular are streaming only.
With the selection, I want to point out that you can't even play most of the Killzone series on PS+. This is a first party title. There is absolutely no reason that Killzone shouldn't be available. Killzone 1 isn't even on there. A PS2 title that is not graphically demanding.
As for the streaming of PS3 games, maybe this was justifiable back on the PS4 because the PS3 has a unique architecture that can be difficult to emulate without performance drops. But with the capabilities of the PS5, it's not credible to claim that it can't emulate a PS3. It certainly could, if Sony wanted to assign resources to make an emulator.
I am not a fanboy of one or the other, and I probably still play more on the PS5 than my Xbox, but I think Microsoft should market their backwards compatibility superiority a lot more than they currently do.
I wish that was true, there are so many games I would go back and play again. PS3 was a technical marvel for it's time, however using it was so complicated that we only got to see it's true potential by the end of it's lifecycle with games like TLOU. So just speaking of raw power, PS5 could %100 not emulate PS3 games flawlessly as we barely have PS3 emulation on PCs. Technical part aside, it just doesn't make business sense for Sony to invest in it. You also have to keep in mind if Sony offers PS3 emulation, it can't stutter or crash on some games. it needs to be a commercial grade product which is not even guaranteed with PS2 or NES emulation on PC
I've played lot of games on the PC without issue like lollipop chainsaw, asura's wrath, drakengard 3, and shadows of the damned without issue at 4k/60. Was really surprising to me, but rpcs3 has made great strides and if a game has been marked playable it's been a fantastic experience. And that's with someone unaffiliated with Sony making it possible. Seeing what Xbox accomplished with Xbox One when it came to 360 compatability it wouldn't surprise me if Sony did better than what RPCS3 did.
There's some notable attention given the games that don't emulate well like MGS4 and red dead with it coming across as buggy, but lot of other titles do run really well as if they were official remastered ports.
This is what I am saying. They don't have to offer the whole back catalog. But they can at least try and offer what is currently working in emulation.