PS3 & Gaikai streaming service rumoured to provide PS2 & 1 backwards compatibility

Sony’s rumoured deal with games streaming service Gaikai will reportedly allow PS3 gamers to stream legacy games from the PS1 and PS2 archives, cutting out all that HD remake palaver. Expected to get a full announcement at E3 2012, the service will give Sony a chance to test the waters of streaming – handy, at this point in the PS3′s life cycle when PS4/PS Orbis rumours are ever-growing.

It’s believed that the Gaikai deal will offer Sony’s first-party titles from the get-go on PS3 when the service goes live, and give other publishers the opportunity to make their back-catalogues available and make sweet, sweet retro bucks from us.

Gaikai already has a number of high-profile publishers on its books: Ubisoft, EA and Capcom all have titles available already. And in an industry that’s currently enjoying a deluge of HD collections, we reckon the service will be a hit.

Keep your eyes peeled for more info on the Sony-Gaikai deal as it happens at E3 2012 in the coming days.

Thanks to GamesIndustry International.