Hey Cheapy and Wombat,
I have to agree that it seems, to me, like backwards compatibility isn't that big a deal, and I think its because this gens Sony and Microsoft consoles made the jump to HD, making older PS2 games and Xbox originals look like crap no matter how much you upscale it.
I also think the price tag on this gens' consoles keep people from playing last gen games because who wants to spend $400 on a console and play LAST-gen games on it?!? To me, that's like buying a brand new car and dropping an old engine into it.
I'm not totally against backwards compatibility, but I once found myself playing a $10 PS2 game on my $500 PS3 and thought, did I not buy a PS3 to play PS3 GAMES?!?
PS. Arrr, this show need more Jewbeard, says I.