[quote name='The Mana Knight']It would be best to ask this within the CAQ thread stickied, however, here's my thought.
IMO, if you have a PS2 and are okay with it, just buy an 80GB PS3 without MGS4. Yes it may have no PS2 BC, but I personally feel it's best to not bother with it (unless you never had a PS2 before or you desperately want an all in one machine) because it draws less power, you don't have to worry about a firmware update screwing with compatibility of games (ALL PS3 SKUs have this problem), it's a pain trying to get most PS2 accessories to work on PS3 (some won't work like GH guitar for the 2nd and above), and so on.
I feel it's an excellent deal at $400 and that's the best one to get (you may lose two USB ports, SACD support, card readers), but they are not needed. IMO, since I got a PS3 (even one with PS2 BC), I rarely use it because once I played PS3 games on an HDTV (PS3 is also starting to build a much better collection of games compared to before), it's tough going back (It's best IMO to just leave a PS2 hooked up to an SDTV, that's where it looks the best).[/quote]
I bought the MGS4 bundle for 3 main reasons: 1) MGS4 pack in - I wanted a AAA title pack in 2) DS3 pack in rather than SIXAXIS - the MGS4 was the only bundle at the time that had it 3) Backwards compatibility - even though I didn't have a big PS2 library I *felt* i needed this.
After a few months, I've found that, for me, backwards compatibility was overrated. The two PS2 games I really wanted to play, GT4 and Rock Band II, had a set of problems making them basically unplayable on the MGS4 bundle PS3.
I did sell my PS2 to help raise $$ to get the PS3 and I don't regret it as I'll probably end up getting GT5 Prologue and Rock Band as replacements. But I do feel I was let down based on what I expected from B/C.
Having said that, I do like having 4 USB ports. Between my USB camera, USB headset, USB keyboard, and frequent use of a USB drive I feel they are needed.
I think I'd be torn today with the choices facing you. You could by the $399 system, add a USB hub if you needed it, and then spend the remaining $70 or so on a game you really want if you're not into MGS4 (which is a great, if complex, game).
If you think you'll want MGS4 soon, I'd go for that bundle.
So kind of a mixed message there. Don't get the MGS4 bundle for b/c unless you're certain the game will work. I'd still go with Mana Knight on this one and say keep your PS2 if there is a game you *have* to play.
As for extended warranties. I never buy them. Never. That's just my approach.
Good luck and make sure you get involved in some CAG gaming nights when you get your PS3!
Dr. SP