looks pretty cool :)
With the exception of the console's 120GB hard drive and built-in Ethernet support, the PSX console's new features won't offer any benefits as far as gaming is concerned, but--thanks to the inclusion of a TV and broadcast satellite tuner and a DVD recorder--it will instead transform the PlayStation 2 into a set-top box capable of delivering online play, music, and movies straight out of the box.
http://www.gamespot.com/ps2/news/news_6029048.html