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http://www.hdloader.com
(note this doesn't even require the internal PS2 HDD)
http://www.hdloader.com
(note this doesn't even require the internal PS2 HDD)
It's also worth noting that HDLoader will not pass DNAS checks, meaning you have to run games from the original disc if you want to play them online.
So although its only benefit is touted as reduced loading times, effectively it's more likely to be looked upon as a device to make it easier to store 'borrowed games'. I.E. its main use will be illegal.
My advice would be wait (and wait and wait) for the Official HDD, which is about 6 months away.
As for the (official) release of the Sony HDD, no need as I have one now. However, even after 6 MONTHS, there is no guarantee that all future games will support the HD ie. make use of of preloading data from the HD, and it's certain that all exisitng games won't. So it looks like the HDLoader is a very attractive proposition indeed.