Last night Sony released firmware update 1.31, which introduces support for PS2 games that utilized the PS2 hard drive (namely, Final Fantasy 11 and Nobunaga's Ambition).
No doubt, this is a welcome relief for the gamers who bought Square's Final Fantasy MMO and still actually play.
Less appreciated, though, is dramatic evidence that suggests the PS3 is downgrading (or possibly over-upgrading to the point of distortion) the graphics of PS2 games compared to the original, with notable jaggies and artifacts in most games.
Sony has released no word on what it plans to do regarding this issue.