[quote name='JTHuffy']Where can I get one cheap? Does it read PS1 memory cards too? Any chance downloadable games (i.e. Final Fantasy 7) would read the saved game data from a ps1 memory card? I'm guessing not, but it's worth a shot.[/QUOTE]
The reader reads PS1 and 2 memory cards. For instance, if you have a FF7 file on your PS1 memory card, and have the game downloaded... you CAN play off of the same file. I have done so.