Microsoft Updates Xbox 360 Back Compat Again
liquidzero4 writes "Earlier this week, Microsoft patched in another of their regular backwards compatibility updates. This one is fairly important; not only does it add a number of titles to the official back-compat list but several of the new old games are fairly popular. The likes of Panzer Dragoon ORTA, Jet Set Radio Future, Mercenaries, Oddworld: Munch's Oddysee, Soul Calibur 2, and Star Wars Republic Commando are sure to make some 360 owners happy."
So far as I know, they build replacement PPC binaries for specific games. There's no general-purpose Xbox emulator; just specific code to run specific titles.
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Actual PS2s (new ones) can't play all PS2 games. They dropped some compatibility to be able to drop the price... ...which seems 1000x better than what Microsoft had to do. (Kill the original Xbox ASAP so they would stop losing money on it.)