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It has also been reported that some of the chips have a tendency to explode or melt, destroying the PS2 in the process.
Until I bought a multi-region dvd, I used my pc dvd drive and tv-out card for region 1 discs.
The news gets worse however, as some new american dvd disc have 'enhanced regional encoding' which is supposed to prevent their use in multiregion players. Doesn't seem fair really !
Also, once you've had your £10 chip installed you also need to buy a bootdisc. Currently the Action Replay 2 (version1.3) disc can act as a boot disc (a 'snip' at 30 quid). However driver upgrades from Sony are thought to be aimed at preventing this.
Pros:
1. Play any game and DVD from any where in the world, meaning that you can import all the latest games and DVDs before they land on our shores.
2. You can get copied games for it meaning that you dont have to shell out £40 but instead maybe £5-£10.
Cons:
1. Its a illegal, if your PS2 is under warranty and it breaks and you have at any ponit had the chip installed. Sony will not repleace it. So your left with no £300 console, they might even prosecute you for having it chipped.
2. You need to find a chip first. They are avaiable from some low profile mail order shops which you will need to locate either in the back of magazines or search on the internet. As the chips are illegal you cant walk into your local EB shop and ask for one. If you get one from mail order you can either fit it yourself, which wouldnt be to hard if you knew what you are doing. Go to a back street games shop were you would have to ask casually whether they do that sort of thing. Or if you know a mate that does this thing for a pass time to earn money or a full time job.
3. Getting the DVDs are easy as there are many shops and internet sites that sell DVDs from America to England for about £20-£25, maybe cheaper. But the games are a different story.If you want imports than they can be easily got from an import shop and they may cost £50- £60 depending on the game, but copies are harder to get. First you need to be able to know someone who can deliver copied games as this is why you bought the chip for. This person or shop needs to be very reliable as some games tend not to work so you can easly be ripped off. I have never seen them selling copied games in shops, they might do in the back streets of the major cities where you could ask. Making copies of your games is legal but you are only allowed to make one copy and you must own the proper orignal game. If you want to back up your own games you will need a CD writer for your PC. The software needed will need to be able to get around all the software protection which is put onto the disks. As you may have noticed some games for the PS2 are DVDs which pose an even greater threat. The DVD writers are expensive and the blank disks are also expensive maybe about £15 - £20 I am not too sure. The writers are also very slow so if you wanted to write it you would have to take about 2 hours for the 4.7Gb disks and about 8 hours for the biggest DVD disks. All these times depend on the speed of the writer. So this can make DVD copied games very expensive and I am not sure whether anybody has copied a DVD at all.
I must admit that I have my orginal PS1 chipped and it hasnt gone wrong at all, I have many copied games for it but I was lucky as I knew someone who did it all. If you dont know somebody then it can be a risk as they can easly have duff copies. I have had a few duff copies for the PS1 and DC but becuase I knew the person I could get a different game or my money back. I also have a disk for the DC which lets me swap disks and play copies.
Getting the cheap games is good as you can afford to buy more with your money. But it is all risky if you dont know the people to do it. It also makes your warrenty void so if it goes wrong you will need to shell out another £300 for the console.
If you want a chip because you can play all DVDs then get a multi region DVD player from SR. If you want to get backups of your games so you dont ruin the orginals then you dont need a chip as you should look after your games. I have got games which are 5-6 years old with no scratches or finger print makes on them, so they work perfectly.
If you still want a chip then prepared to be ripped off by some people , your PS2 may stop working and you might be left with a few hundred £'s worth of copied games and Region 1 DVD's which you cant play.
I didnt want to put you off but this is the harsh facts of it. If you dont care about your PS2 as you are a millionaire and you can afford it all then chip it, but if you dont want to end up with a broke PS2 then dont as its not worth it. If you know the people who can sort you out with it all then you should think about chipping but if you know nobody then dont.