and good luck. it can also accept certain OSes to be isntalled in it, so it can serve as a computer and a DVD player too(thanks to Xine)
I think it can already watch DVD movies.
Who says you can't be a hardcore gamer on a PS2 ? Just because you don't have the top most configuration and the latest games doesn't mean that you can't be a hardcore gamer. A gamer can handle any system, but his main skill is playing. Not having a fat wallet or something.
There are several Hit Titles for the PS2, and now that its modded, you can easily buy/download games for it for dirt cheap(the former needs cash, the later electricity) rates.
If you have a decent TV, you can make the best out of the PS2.