Also, if I remember rightly, it wasn't really backwards compatible as such. They just put half the innards of the PS2 into the PS3, which pushed up manufacturing costs.
Mind you, PCSX2 has now got very close to emulating the PS2 totally in software, so you would think Sony could make a decent stab of it with the PS4. Not that it would help run PS3 games, which is what the article's about.