Can I play GTA3 on it?

I just picked this up over at The EE Times

Sony to offer PS2-based home server dubbed PSX

The pearl white PSX server measures about one foot square. It integrates a DVD+/-RW drive, an R drive, 120-Gbyte hard drive, TV tuner and PlayStation2 game console into one box. The engine is called “EE+GS@90nm,” for a one-chip solution for the Emotion Engine and Graphics Synthesizer fabricated on a 90 nm process.

Sounds like they’re trying to get a leg up on Microsoft ;)